Download the app
educalingo
Search
For business owners, there are many important documents to learn to read. One of the most important is the profit and loss statement, known as the P&L, and the balance sheet.
Darren L Johnson

Meaning of "profit and loss" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF PROFIT AND LOSS

profit and loss play
facebooktwitterpinterestwhatsapp

GRAMMATICAL CATEGORY OF PROFIT AND LOSS

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Profit and loss is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES PROFIT AND LOSS MEAN IN ENGLISH?

profit and loss

Income statement

An income statement (US English) or profit and loss account (UK English) (also referred to as a profit and loss statement (P&L), revenue statement, statement of financial performance, earnings statement, operating statement, or statement of operations) is one of the financial statements of a company and shows the company’s revenues and expenses during a particular period. It indicates how the revenues (money received from the sale of products and services before expenses are taken out, also known as the “top line”) are transformed into the net income (the result after all revenues and expenses have been accounted for, also known as “net profit” or the “bottom line”). It displays the revenues recognized for a specific period, and the cost and expenses charged against these revenues, including write-offs (e.g., depreciation and amortization of various assets) and taxes. The purpose of the income statement is to show managers and investors whether the company made or lost money during the period being reported.

Definition of profit and loss in the English dictionary

The definition of profit and loss in the dictionary is 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.

WORDS THAT BEGIN LIKE PROFIT AND LOSS

profit
profit and loss account
profit centre
profit margin
profit motive
profit squeeze
profit taking
profit warning
profit-making
profit-seeking
profit-sharing
profit-sharing scheme
profitability
profitability study
profitable
profitableness
profitably
profiteer
profiteering
profiter

WORDS THAT END LIKE PROFIT AND LOSS

actual total loss
anticipatory loss
at a loss
blood loss
dead loss
dental floss
floss
gloss
hair loss
hearing loss
heat loss
job loss
lip gloss
loss
memory loss
paper loss
schloss
stop-loss
tax loss
weight loss

Synonyms and antonyms of profit and loss in the English dictionary of synonyms

SYNONYMS

Translation of «profit and loss» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF PROFIT AND LOSS

Find out the translation of profit and loss to 25 languages with our English multilingual translator.
The translations of profit and loss from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «profit and loss» in English.

Translator English - Chinese

损益
1,325 millions of speakers

Translator English - Spanish

de pérdidas y ganancias
570 millions of speakers

English

profit and loss
510 millions of speakers

Translator English - Hindi

लाभ और हानि
380 millions of speakers
ar

Translator English - Arabic

الربح والخسارة
280 millions of speakers

Translator English - Russian

о прибылях и убытках
278 millions of speakers

Translator English - Portuguese

ganhos e perdas
270 millions of speakers

Translator English - Bengali

লাভ এবং ক্ষতি
260 millions of speakers

Translator English - French

profits et pertes
220 millions of speakers

Translator English - Malay

untung dan rugi
190 millions of speakers

Translator English - German

Gewinn-und Verlust
180 millions of speakers

Translator English - Japanese

損益
130 millions of speakers

Translator English - Korean

이익과 손실
85 millions of speakers

Translator English - Javanese

Untung lan rugi
85 millions of speakers
vi

Translator English - Vietnamese

lợi nhuận và mất
80 millions of speakers

Translator English - Tamil

இலாபம் மற்றும் நட்டம்
75 millions of speakers

Translator English - Marathi

नफा आणि तोटा
75 millions of speakers

Translator English - Turkish

kar ve zarar
70 millions of speakers

Translator English - Italian

profitti e perdite
65 millions of speakers

Translator English - Polish

zysków i strat
50 millions of speakers

Translator English - Ukrainian

про прибутки та збитки
40 millions of speakers

Translator English - Romanian

de profit și pierdere
30 millions of speakers
el

Translator English - Greek

κέρδη και ζημίες
15 millions of speakers
af

Translator English - Afrikaans

wins en verlies
14 millions of speakers
sv

Translator English - Swedish

resultaträkningen
10 millions of speakers
no

Translator English - Norwegian

resultat
5 millions of speakers

Trends of use of profit and loss

TRENDS

TENDENCIES OF USE OF THE TERM «PROFIT AND LOSS»

The term «profit and loss» is regularly used and occupies the 71.859 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
67
/100
The map shown above gives the frequency of use of the term «profit and loss» in the different countries.
Principal search tendencies and common uses of profit and loss
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «profit and loss».

FREQUENCY OF USE OF THE TERM «PROFIT AND LOSS» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «profit and loss» during the past 500 years. Its implementation is based on analysing how often the term «profit and loss» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about profit and loss

EXAMPLES

2 QUOTES WITH «PROFIT AND LOSS»

Famous quotes and sentences with the word profit and loss.
1
Charles Duhigg
Between calculated risk and reckless decision-making lies the dividing line between profit and loss.
2
Darren L Johnson
For business owners, there are many important documents to learn to read. One of the most important is the profit and loss statement, known as the P&L, and the balance sheet.

10 ENGLISH BOOKS RELATING TO «PROFIT AND LOSS»

Discover the use of profit and loss in the following bibliographical selection. Books relating to profit and loss and brief extracts from same to provide context of its use in English literature.
1
Profit and Loss
Beginning with flood and ending with the gold of an opening sky and a baby daughter, 'Profit and Loss' offers the possibilities of hope and repair, and casts its raking light over the whole collection - throwing it all into a deep, ...
Leontia Flynn, 2011
2
Frontier Profit and Loss: The British Army and the Fur ...
The resulting dissatisfaction among the traders and speculators cost the British the support of colonial merchants. This book is an informative account of the interaction of economic, political, and social concerns on the western frontier.
Walter Scott Dunn, 1998
3
Profit and loss sharing: an Islamic experiment in finance ...
With emphasis on the Pakistan Islamic banking venture, 1979-1985.
Shahrukh Rafi Khan, 1987
4
How To Read A Profit And Loss Statement
The book covers:*Definition, overview, and importance of a P&L statement*Key components of a P&L statement and methods of computation*Relationship between balance sheet and P&L statement*Analysis of P&L statement of a manufacturing ...
Ramachandran, 2009
5
Tax Consequences of Foreign Exchange Gains and Losses
accounting period, then the profit and loss method would simply translate the commercial profit or loss on the deal at a rate which might perhaps be the rate current at the time when the deal was concluded, or an average rate or the rate current ...
‎1988
6
How to Write a Business Plan
It also provides three sample business plans you can modify for your own use.This edition is completely updated, providing all-new online resources and updated examples of successful business plans.
Mike McKeever, 2012
7
Accounting, Costing and Management
Financial Reporting Standard 1 (FRS 1) obliges all companies to prepare a cash flow statement at the end of the financial year in addition to the profit and loss account and balance sheet. In this chapter we shall look at the contents of this ...
Riad Izhar, Janet Hontoir, 2001
8
The Profit and Loss of Great-Britain and Spain, from the ...
Philalethes. Add to thefe, A large Privateer of 180 Men, funk off the IQe of Cuba, by the DurJley-Gally, Capt. Neat. Thefe Captures will add at leaft 300,0007. to the Profit of Great-Britain, and as much to the Lofs of Spain ; and although we did ...
Philalethes, 1742
9
Improved tables of gain and discount. Also, tables of profit ...
William Reed (accountant.) TABLES CALCULATED BY FARTHlNG3 PROGRE33lVELY, гаом One Farthing ío One Pound, sHEWING The nett Profit ф Cent. Which «en/ Tarthing, laid on the first Cost, produces to the Manufacturer, 0R, WHEN ...
William Reed (accountant.), 1806
10
Financial Management
These are two commonly used methods for preparing the pro forma profit and loss account — the percent of sales method and the budgeted expense method. Percent of Sales Method The percent of sales method for preparing the pro forma  ...
Prasanna Chandra, 2008

10 NEWS ITEMS WHICH INCLUDE THE TERM «PROFIT AND LOSS»

Find out what the national and international press are talking about and how the term profit and loss is used in the context of the following news items.
1
Why women need a different approach to asking for a pay rise
What really matters is what value they actually add, such as what they're bringing to the business from the perspective of profit and loss, and ... «The Australian Financial Review, Jul 15»
2
Oyston's ten questions for BST bidders
Please provide a copy of your five-year business plan for the club which will include forecast profit and loss accounts, balance sheets and cash ... «Blackpool Gazette, Jul 15»
3
Council considers future of Iron Eagle
Baker asked Hawks for profit and loss numbers before and after Landscapes took over managing the course. Hawks said those numbers are ... «North Platte Bulletin, Jul 15»
4
Moscow fire department may have illegally dodged public records …
On May 29, Zakariasen requested numerous records, including profit and loss sheets and other financial documents from MVFD and Moscow ... «IdahoReporter.com, Jul 15»
5
Wage and Hour Division Targets Independent Contractors
Does the worker's managerial skill affect his or her profit and loss? The worker's ability to work more hours and the amount of work available ... «JD Supra, Jul 15»
6
A tale of two cinemas
"We think about profit and loss too much sometimes," added Rungsima. "But we're preserving a memory." Chalida Uabumrungjit, deputy ... «Bangkok Post, Jul 15»
7
Cabinet emphasizes GCC security, stability and condemns Al-Aqsa …
The report includes the CBK Balance Sheet, the Profit and Loss Account for the FY ending 31st March 2015, in addition to the Auditors' Report ... «Kuwait News Agency, Jul 15»
8
Heidrick & Struggles Reports Second Quarter 2015 Financial Results
... the timing of the establishment or reversal of valuation allowance on deferred tax assets; the mix of profit and loss by country; our reliance on ... «PR Newswire, Jul 15»
9
Assistant Accountant
You will be assisting with statutory accounts and the preparation of trial balance and profit and loss. You will also assist with forecasting, bank reconciliations ... «ashdowngroup.com, Jul 15»
10
How the Islamic State 'Promotes World Peace'
Despite appearances, the policy pursued by the ayatollahs is far from insane, but is based on a careful analysis of profit and loss for the regime. «Worldmeets.us, Jul 15»

REFERENCE
« EDUCALINGO. Profit and loss [online]. Available <https://educalingo.com/en/dic-en/profit-and-loss>. Apr 2024 ».
Download the educalingo app
en
English dictionary
Discover all that is hidden in the words on
index
a b c d e f g h i j k l m n o p q r s t u v w x y z