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
Recent Examples on the Web
The interest rate on KSE’s loans to the club remains undisclosed, though there was an increase in the amount of loan interest hitting the club’s profit and loss account.
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James McNicholas, The Athletic, 19 Feb. 2025
Delving into the profit and loss statement, $2.8 billion of that profit came from selling regulatory credits to other automakers, not from selling cars or even supercharger access.
—Ars Technica, 30 Jan. 2025
Budgets, profit and loss statements and company growth are often reviewed.
—Simone Milasas, Forbes, 22 Jan. 2025
After joining IMDb in 2016, Santoro became COO in 2021, spearheading strategic development across all facets of the business, including advertising, content, product, technology, and user experience, while managing profit and loss statement responsibility for all IMDb businesses.
—Dade Hayes, Deadline, 21 Jan. 2025
See All Example Sentences for profit and loss
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James McNicholas, The Athletic, 19 Feb. 2025
Delving into the profit and loss statement, $2.8 billion of that profit came from selling regulatory credits to other automakers, not from selling cars or even supercharger access.
—Ars Technica, 30 Jan. 2025
Budgets, profit and loss statements and company growth are often reviewed.
—Simone Milasas, Forbes, 22 Jan. 2025
After joining IMDb in 2016, Santoro became COO in 2021, spearheading strategic development across all facets of the business, including advertising, content, product, technology, and user experience, while managing profit and loss statement responsibility for all IMDb businesses.
—Dade Hayes, Deadline, 21 Jan. 2025
See All Example Sentences for profit and loss
Cite this Entry
“Profit and loss.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/profit%20and%20loss. Accessed 9 Mar. 2025.
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