profit and loss

Noun

Meaning

an account compiled at the end of an accounting period to show gross and net profit or loss

Source: WordNet

Synonyms

profit and loss account income statement gains and losses operating account profit and loss statements profit and losses statement information statement of operations profit or loss calculate gains and losses economic outturn account gain and loss gain or loss into consideration loss statement
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Antonyms

foundation beginning cause source basis reason
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Hypernyms

account accounting account statement

Examples

All of this work should lead you to a forward looking profit and loss statement that maps directly to your existing accounting system's chart of accounts. Source: Internet

Five separate units are created: Volvo Trucks, UD Trucks, Renault Trucks, Mack Trucks, and Group Trucks Asia & JVs, each with profit and loss responsibility for their respective business. Source: Internet

Fleming is responsible for the profit and loss, coordinated selling, sales generation and marketing activities of Commercial Services to the customer. Source: Internet

Currency differences have been reported in previous years in other comprehensive income, and after liquidation of the subsidiary as financial expenses in the Group´s profit and loss statement. Source: Internet

"Also, looking at the P&L (profit and loss) account at the end of the month is like reading a post mortem report." Source: Internet

Mr Albanese said the profit and loss accounts of KCM are transparent. Source: Internet

Close letter words and terms

profit profit a prendre profit after deductions profit and loss account profit and loss accounts profit and loss statements