Definition of profit and loss Profit and loss
prof•it and loss
We found 2 definitions of profit and loss from 2 different sources.
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What does profit and loss mean?
WordNet
Noun |
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| profit and loss - an account compiled at the end of an accounting period to show gross and net profit or loss | ||
| profit and loss account | ||
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Wiktionary 
- profit and loss (Noun)
A profit-and-loss statement; an income statement .
