PROFIT AND LOSS • FREE TRANSLATOR.ORG • Definition of Profit and loss

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/prˈɑfət ənd lɔs/ Listen

Profit and loss

noun

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

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Etymology of 'Profit and loss'

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"Profit and loss" Quotes from Famous Books

... J. White. Contents: Natural history, history of cultivation, choice of location, preparing the ground, planting the vines, management of meadows, flooding, enemies and difficulties overcome, picking, keeping, profit and loss. ...

— The Peanut Plant - Its Cultivation And Uses • B. W. Jones

Words linked to "Profit and loss" : profit and loss account, account, accounting, account statement