| / English Dictionary |
PROFIT AND LOSS
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
An account compiled at the end of an accounting period to show gross and net profit or loss
Synonyms:
profit and loss; profit and loss account
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("profit and loss" is a kind of...):
account; account statement; accounting (a statement of recent transactions and the resulting balance)
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