HyperDic: profit_and_loss

English > 1 sense of the expression profit and loss:
NOUNpossessionprofit and loss, profit and loss accountan account compiled at the end of an accounting period to show gross and net profit or loss
English > profit and loss: 1 sense > noun 1, possession
MeaningAn account compiled at the end of an accounting period to show gross and net profit or loss.
Synonymprofit and loss account
Broaderaccount, accounting, account statementA statement of recent transactions and the resulting balance
Spanishbalance

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