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profit and loss


from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun An account showing net profit and loss over a given period.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun A profit-and-loss statement; an income statement.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun an account compiled at the end of an accounting period to show gross and net profit or loss


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