profit and loss
noun
: a summary account used at the end of an accounting period to collect the balances of the nominal accounts so that the net profit or loss may be shown
Examples of profit and loss in a Sentence
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This page displays cash flow, expense charts, and profit and loss.
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PCMAG, 23 Oct. 2024
The income statement, or profit and loss statement, details revenues, costs, and expenses to show whether your business was profitable during a specific period.
—True Tamplin, Forbes, 30 Sep. 2024
Women aren't faring much better in the other CEO feeder positions: CFO, and profit and loss (P&L) leadership roles.
—Kim Elsesser, Forbes, 4 Oct. 2024
The company's profit and loss sheets back that up—Tesla was spending heavily on GPUs from Nvidia rather than on new car lines, although that was followed by news that Musk has had many of those GPUs redirected to his social media company X.
—Jonathan M. Gitlin, Ars Technica, 6 Aug. 2024
See all Example Sentences for profit and loss 
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PCMAG, 23 Oct. 2024
The income statement, or profit and loss statement, details revenues, costs, and expenses to show whether your business was profitable during a specific period.
—True Tamplin, Forbes, 30 Sep. 2024
Women aren't faring much better in the other CEO feeder positions: CFO, and profit and loss (P&L) leadership roles.
—Kim Elsesser, Forbes, 4 Oct. 2024
The company's profit and loss sheets back that up—Tesla was spending heavily on GPUs from Nvidia rather than on new car lines, although that was followed by news that Musk has had many of those GPUs redirected to his social media company X.
—Jonathan M. Gitlin, Ars Technica, 6 Aug. 2024
See all Example Sentences for profit and loss
Dictionary Entries Near profit and loss
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“Profit and loss.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/profit%20and%20loss. Accessed 15 Nov. 2024.
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