profit and loss

American  

[prof-it uhn laws, los] / ˈprɒf ɪt ən ˈlɔs, ˈlɒs /

noun

Business.

1. the gain and loss arising from commercial or other transactions, applied especially to an account or statement of account in bookkeeping showing gains and losses in business.

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profit and loss British  

noun

1. accounting an account compiled at the end of a financial year showing that year's revenue and expense items and indicating gross and net profit or loss

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Etymology

Origin of profit and loss

First recorded in 1580–90

Example Sentences

This allows the company to rapidly test improvements in its Hunyuan model, which translates to direct impact on user experiences and profit and loss performance.

From The Wall Street Journal

Cargo theft hits companies of all sizes, but small businesses are particularly vulnerable because one lost shipment can mean the difference between profit and loss.

From The Wall Street Journal

The end of every month also happened to be when Wall Street traders sent their profit and loss statements to their managers and risk managers.

From Literature

But like many other small businesses in Los Angeles, we measure success and derive value beyond just profit and loss.

From Los Angeles Times

Maguire's figures also show a separate, more stark profit and loss chart for 2022-23, where the money recouped from player sales is excluded due to it being a "volatile", unpredictable market.

From BBC