profit and loss

profit and loss
A profit-and-loss statement; an income statement.
Syn: P and L, P & L

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  • Profit and Loss — may refer to:* Profit Loss , monthly business magazine founded in July 1999 especializing in Foreign exchange market and derivative markets * Profit and Loss ( DS9 episode), the eighteenth episode of the second season of the television series… …   Wikipedia

  • profit and loss — n. the gain and loss as from business transactions: applied esp. to an INCOME STATEMENT (profit and loss statement) …   English World dictionary

  • profit and loss — noun an account compiled at the end of an accounting period to show gross and net profit or loss (Freq. 1) • Syn: ↑profit and loss account • Hypernyms: ↑account, ↑accounting, ↑account statement * * * noun …   Useful english dictionary

  • profit and loss — noun the income and expenditure arising from commercial or other transactions, applied especially to an accounting statement for a business over a stated period. –profit and loss, adjective …  

  • profit and loss account — index budget Burton s Legal Thesaurus. William C. Burton. 2006 profit and loss account …   Law dictionary

  • profit and loss statement — index ledger Burton s Legal Thesaurus. William C. Burton. 2006 profit and loss statement …   Law dictionary

  • profit-and-loss account — UK US noun [C] UK (US profit and loss statement) ► ACCOUNTING, FINANCE a document that shows a company s profit or loss in a particular period: »This loss would be shown as a charge in the profit and loss account. → See also EARNINGS REPORT(Cf.… …   Financial and business terms

  • profit and loss account — ► NOUN ▪ an account to which incomes and gains are credited and expenses and losses debited, so as to show the net profit or loss …   English terms dictionary

  • Profit and loss accounts —   Profit and loss accounts are the ledger accounts to which the balances of the revenue, income, expense and loss accounts at the end of an accounting period are transferred, to show the net difference as the net income or net loss for the period …   International financial encyclopaedia

  • profit and loss account — profit and loss ac,count noun count a document that shows how much money was received and spent by a company during a particular period of time, and whether or not it made a profit …   Usage of the words and phrases in modern English

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