Definition of
profit and loss
difference between income and costs the difference between a company's income and its costs as shown in its accounts.
Related definitions of "profit and loss"
- Abbr P&L
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Recommended Further Reading (Term count)
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This checklist outlines ways to help understand what buyer must do to prepare for an acquisition of a business.
Definitions of ’profit and loss’ and meaning of ’profit and loss’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’profit and loss’ and other financial terms with our online QFINANCE Financial Dictionary.
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