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Profit and loss   /prˈɑfət ənd lɔs/   Listen
Profit and loss

noun
1.
An account compiled at the end of an accounting period to show gross and net profit or loss.  Synonym: profit and loss account.






WordNet 3.0 © 2010 Princeton University








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"Profit and loss" Quotes from Famous Books



... grievance is ostensibly religious; but safeguards on this count are so easily created and applied that this issue might almost be left out of account. The real difficulty is economic, and it is a tangled one. But unless profit and loss are immediately discernible the soul of man is not easily stirred by an accountant's tale, and therefore the religious banner has been waved for our kinsfolk of Ulster, and under the sacred emblem they are fighting for what some ...
— The Insurrection in Dublin • James Stephens

... Garth, with Big Bill and other men of his outfit, he came to have a grasp upon the work which should have been his a year before, and an interest in it. Only now for the first time did he take the trouble to learn the real meaning of resources and liabilities; to estimate profit and loss; to speculate upon success in the business which he found rather larger than he had suspected. He called a round-up to learn to the head how many steers and cows and calves carried the Bar L-M brand. He brought a quick look of surprise ...
— The Short Cut • Jackson Gregory

... longer believe in St. Edmund, no longer see the figure of him 'on the rim of the sky,' minatory or confirmatory! God's absolute Laws, sanctioned by an eternal Heaven and an eternal Hell, have become Moral Philosophies, sanctioned by able computations of Profit and Loss, by weak considerations of Pleasures of Virtue ...
— Past and Present - Thomas Carlyle's Collected Works, Vol. XIII. • Thomas Carlyle

... silence. Head down, hands thrust deep in pockets, he paced like a captured animal in bars. The bitterness of his spirit was wormwood. What meant, to him, the interests and pleasures of other men? Profit and loss, alcohol, tobacco, women—all alike bore him no message. Clubs, athletics, gambling—he grumbled something savage as his thoughts turned to such trivialities. And into his aquiline face came something the look of an eagle, trapped, there ...
— The Flying Legion • George Allan England

... mystery of the meridian becomes something dreadful. One loses a day going west and gains one coming east, and it is a difficulty for a clear mind not to become cloudy over the account of loss and gain—or perhaps we may say profit and loss, when the account is closed. "The historian of the Philippine Expedition" lost a Wednesday going out, jumping from Tuesday to Thursday, and found an extra Thursday on the return—celebrated his birthday on another day than that on which he was born, and had to correct the ...
— The Story of the Philippines and Our New Possessions, • Murat Halstead

... we can do," said Joe. "If we start an inquiry it may cause a fight. Let it go. We'll have to charge it to profit and loss. And don't forget to let me have some of those tickets. I ...
— Joe Strong The Boy Fire-Eater - The Most Dangerous Performance on Record • Vance Barnum

... the same rate a ton, as for potatoes or wheat, for it always costs more, and sometimes several times more, to deliver tomatoes than it would to deliver the same weight of less perishable crops. In most cases the cost of picking and delivery is one of the most important factors in determining profit and loss, particularly when the crop is grown for canning factories, where one often has to wait for hours for his team to unload. These conditions make it very important that the field be located within a short distance of, and connected by good roads with ...
— Tomato Culture: A Practical Treatise on the Tomato • William Warner Tracy



Words linked to "Profit and loss" :   accounting, account, account statement



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