Library / English Dictionary

    PROFIT AND LOSS ACCOUNT

    Pronunciation (US): Play  (GB): Play

     I. (noun) 

    Sense 1

    Meaning:

    An account compiled at the end of an accounting period to show gross and net profit or lossplay

    Synonyms:

    profit and loss; profit and loss account

    Classified under:

    Nouns denoting possession and transfer of possession

    Hypernyms ("profit and loss account" is a kind of...):

    account; account statement; accounting (a statement of recent transactions and the resulting balance)

    Credits


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