profit and loss statement


profit and loss statement
statement of revenue and expenses showing the profit or loss for a certain period of time. Glossary of Business Terms

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profit and loss statement UK US noun [C] US
ACCOUNTING, FINANCE PROFIT-AND-LOSS ACCOUNT(Cf. ↑profit-and-loss account)

Financial and business terms. 2012.

Look at other dictionaries:

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

  • profit and loss statement — profit and loss account or profit and loss statement Fin the summary record of a company’s sales revenues and expenses over a period, providing a calculation of profits or losses during that time. Abbr. P&L EXAMPLE Companies typically issue P&L… …   The ultimate business dictionary

  • Profit and Loss Statement - P&L — A financial statement that summarizes the revenues, costs and expenses incurred during a specific period of time usually a fiscal quarter or year. These records provide information that shows the ability of a company to generate profit by… …   Investment dictionary

  • profit-and-loss statement — noun a financial statement that gives operating results for a specific period • Syn: ↑income statement, ↑earnings report, ↑operating statement • Hypernyms: ↑statement, ↑financial statement …   Useful english dictionary

  • profit and loss statement —    A statement of profits or losses on a company s sales, based on current operations. Losses may show up on this statement based on costs that are creating assets, to be shown on future balance sheets …   Business law dictionary

  • profit and loss statement — detailing of all money made or lost by a business during a set period (Accounting) …   English contemporary dictionary

  • profit and loss statement — noun : income account 2 …   Useful english 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 — 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 account — or profit and loss statement Fin the summary record of a company’s sales revenues and expenses over a period, providing a calculation of profits or losses during that time. Abbr. P&L EXAMPLE Companies typically issue P&L reports monthly. It is… …   The ultimate business dictionary


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