ALL meanings of profit and loss
prof·it and loss
P p - noun profit and loss the gain and loss arising from commercial or other transactions, applied especially to an account or statement of account in bookkeeping showing gains and losses in business. 1
- noun profit and loss an account compiled at the end of a financial year showing that year's revenue and expense items and indicating gross and net profit or loss 0
- noun profit and loss the gain and loss as from business transactions 0