P. and L.

American  

Or P and L,

abbreviation

Finance, Business.

1. profit and loss statement.

---

P & L British  

abbreviation

1. profit and loss

---

Example Sentences

The difference between P and L, she says, may hinge on how much a dying star manages to hold on to its outer layers of hydrogen before its explosive demise.

From Scientific American

The last thing you want is someone saying “You have such a positive culture,” but you’re P and L shows losses.

From Forbes

The system is sometimes phonetic—the word “enter” is entered by hitting the T with the left hand, the E with the thumb, and the R with the right hand—but frequently it just seems nonsensical to the untrained: The M sound is produced by hitting the P and H keys with the left hand if it occurs at the beginning of a word, and the P and L keys with the right hand if it occurs at the end.

From Slate

While a number of pilot programs demonstrated health improvements, the inconvenient truth was that durable cost savings, at the level of P and L, proved remarkably elusive.  

From Forbes

J. and T—— P—— and L—— begone.—The handwriting on the wall warns you!

From Project Gutenberg