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profit-and-loss statement

profit-and-loss statement

2 4.1
A report that shows how much money a company made and spent during a period
  • noun
  • /ˈprɒfɪt ənd lɔs ˈsteɪtmənt/
  • UK
translation icon : estado de pérdidas y ganancias
  • The accountant prepared the profit-and-loss statement to summarize the company's financial performance for the year.
  • profit-and-loss statement shows

Examples

  • Calculate a Profit and Loss Statement.

    Academic text (1998)
  • The goal was revised to $400 once we started working out our profit and loss statement.

    Academic text (1998)
  • So here's what we want to get to is our profit and loss statement for four years.

  • So that was just a bit more than $28,000 according to the profit and loss statement the Diaspora team sent me today.

    Blog text (16)
  • Specifically, I would like to see financial statements (preferably income statements, also called profit and loss statements) from 2010, 2011, and 2012 for both Grapefest and Main Street Days.

    Blog text (18)
  • The new reports include a functional budget showing expenditures by activity (rather than the pre-existing format by reporting function); a simplified profit and loss statement that shows the actual flow of revenue and expenditures; and reports showing entity expenses against the budget for the entire year.

    Academic text (2005)
  • During the quarterly meeting, the manager presented the profit-and-loss statement to highlight the revenue and expenses.

  • Investors reviewed the profit-and-loss statement to understand the company's profitability over the last five years.

Synonyms

earnings report
vsprofit-and-loss statement
  • Specialized
7 2.9

A company report that shows how much profit or loss it made over a set time

is the full accounting summary of revenues, expenses, and net result
income statement
vsprofit-and-loss statement
  • Specialized
3 3.6

A report showing a company's money received, costs, and profit or loss over time

is an identical concept often called by another common name
profit and loss
vsprofit-and-loss statement
  • UK
3 3.4

A record that shows a company's income, costs, and net profit or loss

can cover any reporting period, not only end of accounting cycle
profit and loss account
vsprofit-and-loss statement
  • UK
4.7

A report made at the end of a business year that shows its profit or loss

is the broader summary focusing on overall revenues, expenses, and net result
operating statement
vsprofit-and-loss statement
  • Specialized
5.2

A report that shows a company's income and expenses for a month or year

includes non operating items and shows total profit or loss, not only operations

How Detailed

financial audit
  • Formal
1 3.6
financial statement
  • Specialized
18 3.6
profit-and-loss statement
  • UK
2 4.1
summary
397 2.7

Surface Forms

Morphology

profit-and-loss + statement

The meaning is directly compositional: a 'profit-and-loss statement' is simply a 'statement' (document) listing 'profit' and 'loss' figures. This is a transparent, cross-linguistically common financial construction so a B1 learner who knows the constituent words would be able to infer the overall meaning.

Etymology

The noun profit-and-loss statement is like a simple money report that lists profit, what the company earns, and loss, what it loses. So the name means a report that 'shows' how much a business 'made' or 'lost' over a set time.