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 profits or losses statement information economic outturn account statement of operations gain and loss gains or losses income statements p and l loss statement losses and gains operating account outturn account

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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