Definition of Net retention:
Insurance: The amount of insurance policies remaining on the books after cancellations and lapsed policies are subtracted from new policies written.
General business: The amount of turnover the company has in employees. By subtracting the employees that were fired or quit from the total that were added and remain during the time period, you get the net retention of the companys staff. This can measure growth of the company.
Meaning of Net retention & Net retention Definition