Definitions
There is 1 meaning of the phrase
Profit And Loss.
Profit And Loss - as a noun
An account compiled at the end of an accounting period to show gross and net profit or loss
Synonyms (Exact Relations)
profit and loss accountExample Sentences
"The company's profit and loss statement showed a significant increase in revenue this quarter."
"Analyzing the profit and loss accounts can provide insights into the financial health of a business."
"The profit and loss statement revealed that the company had suffered a loss in the last fiscal year."
"Understanding the profit and loss statement is crucial for making informed business decisions."
"The CEO was disappointed to see a decline in profits on the most recent profit and loss report."
