What is the meaning of profit and loss?

noun

  • An account compiled at the end of an accounting period to show gross and net profit or loss.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). profit and loss. Retrieved September 26, 2026, from http://smartdefine.org/profit_and_loss/definitions/1325421
ChicagoWordNet. 2010. "profit and loss" http://smartdefine.org/profit_and_loss/definitions/1325421 (accessed September 26, 2026).
HarvardWordNet 2010, profit and loss, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/profit_and_loss/definitions/1325421>.
MLAWordNet. "profit and loss" 23 October 2010. Web. 26 September 2026. <http://smartdefine.org/profit_and_loss/definitions/1325421>