profit and loss

English · Thesaurus

AI In plain words

Writing a short explanation…

Written by a house AI from the entry below, in your language. The entry itself is the source.

profit and loss

noun

uncountable A profit-and-loss statement; an income statement. That's far from the promised land set out in the Williams-Shapps Plan for Rail, that the railways would have a guiding mind that would be in control of the industry's finances. Businesses have what is called a profit and loss account, showing both revenue and costs, but the current situation means t
Similar: P and L, P & L, P/L, profit and loss statement

Talk about this word

Cite this

MLA

"profit and loss." Wiktionary, via Micwyn, micwyn.com/word/profit%20and%20loss. Accessed 6 Nov. 2026.

APA

profit and loss. (n.d.). In Wiktionary, via Micwyn. Retrieved November 6, 2026, from https://micwyn.com/word/profit%20and%20loss

Chicago

"profit and loss." Wiktionary, via Micwyn. Accessed November 6, 2026. https://micwyn.com/word/profit%20and%20loss.

BibTeX

@misc{profit_and_loss_2026,
  title = {profit and loss},
  howpublished = {Wiktionary, via Micwyn},
  year = {2026},
  url = {https://micwyn.com/word/profit%20and%20loss},
  urldate = {2026-11-06}
}