profit and loss
3
3.4
- noun
- /ˈprɒfɪt ənd lɔs/
- UK
:
cuenta de pérdidas y ganancias
- The company's most recent balance sheet, profit and loss, and retained earnings statement.
- profit and loss statement
So the first thing is the P&L;, profit and loss at the end of the day, did you make money?
- So the first thing is the P&L;, profit and loss at the end of the day, did you make money?
- She'd do a, an up to date, you know, an up to date, year to date profit and loss.
- And the the big key there is the Fed doesn't have a profit and loss, they can lose money.
- So your profit and loss won't change as interest rates or credit spreads change, but your capital will.
Examples
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All companies in Malaysia are required by law to file an annual report, which must include their profit and loss account, a list of shareholders and directors, and a statement by the chairperson on key corporate events.
Academic text (2018) -
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 the first thing is the P&L, profit and loss at the end of the day, did you make money?
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So here's what we want to get to is our profit and loss statement for four years.
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A company's statement of profit and loss, also known as its income statement, has its drawbacks.
Blog text (29) -
The accountant prepared the company's profit and loss statement to assess its financial performance for the year.
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During the meeting, we analyzed the profit and loss report to identify areas where the business could improve.
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The profit and loss statement shows that our expenses exceeded our revenues last quarter.
Synonyms
7
2.9
A company report that shows how much profit or loss it made over a set time
3
3.6
A report showing a company's money received, costs, and profit or loss over time
2
4.1
A report that shows how much money a company made and spent during a period
A report made at the end of a business year that shows its profit or loss
A report that shows a company's income and expenses for a month or year
How Detailed
Surface Forms
Morphology
The meaning (a statement showing a company's profits and losses) is directly derivable from the literal constituents 'profit' + 'and' + 'loss'; a learner who knows those words will understand it refers to the accounting report of gains versus losses. This is a compositional, cross-linguistically common business phrase rather than an idiom, so it is immediately comprehensible to B1 learners who know the constituent words.
Etymology
Profit and loss comes from old money records that listed gains and losses side by side. People wrote profit, meaning money gained, in one column and loss, meaning money lost, in another, so the phrase came to mean the report that 'shows' how much a company 'made' or 'lost'.