What does profit and loss mean?

Definitions for profit and loss
profit and loss

This dictionary definitions page includes all the possible meanings, example usage and translations of the word profit and loss.

Princeton's WordNet

  1. profit and loss, profit and loss accountnoun

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

Wiktionary

  1. profit and lossnoun

    A profit-and-loss statement; an income statement.

ChatGPT

  1. profit and loss

    Profit and loss, in financial terms, refers to the financial gains or losses experienced by a business over a specific period of time. Profit occurs when the income of a business exceeds its expenses, cost, and taxes needed to sustain the business. Loss, on the other hand, happens when the expenses, cost, and taxes of a business are greater than its income. A company’s profit and loss are usually assessed using a profit and loss statement, also known as an income statement, which itemizes the revenues, costs, and expenses to calculate the total profit or loss during a fiscal quarter or year.

Wikidata

  1. Profit and Loss

    "Profit and Loss" is the 38th episode of the science fiction television series Star Trek: Deep Space Nine. The 18th episode of the second season. Quark is reunited with a former lover, only to discover that she is engaged in dangerous political intrigue.

Suggested Resources

  1. profit and loss

    Read the full text of the Profit And Loss poem by Ada Cambridge on the Poetry.com website.

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Numerology

  1. Chaldean Numerology

    The numerical value of profit and loss in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of profit and loss in Pythagorean Numerology is: 6

Examples of profit and loss in a Sentence

  1. Jing Chunmei:

    Longer-term China needs to work out a market-based approach to tackle pollution rather than an ad-hoc order. Apart from social responsibilities, business has its profit and loss to take care.

  2. Morning Consult:

    Companies aren't just profit-and-loss machines, while I actually think it's good business and pro-business for corporations to speak out in favor of protecting voter rights, it's ultimately just the right thing to do.

  3. Mike Goggin:

    Bonuses undoubtedly have come down, whereas in the past some dealers would be expecting total remuneration of 5-10 percent or possibly more of annual trading profit and loss, it's now more like 2.5 percent or even less.


Translations for profit and loss

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"profit and loss." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/profit+and+loss>.

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