profit and loss

noun

: a summary account used at the end of an accounting period to collect the balances of the nominal accounts so that the net profit or loss may be shown

Examples of profit and loss in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Users can use the tool to analyze, sort, or review traders by date, time, symbol, or profit and loss amount. Robb Report Studio, Robb Report, 22 May 2025 Second, capitalism forces private banks to adhere to strict profit and loss decisions, and thereby their decisions to serve this rescue function during times of financial distress must make economic sense for them. Korok Ray, Forbes.com, 15 May 2025 Borrowers can qualify using bank statements, profit and loss statements or tax returns. Kelsey Neubauer, CNBC, 1 May 2025 With this, define what the profit and loss (P&L) will need to look like to realize this expectation. Bruce Werner, Forbes.com, 29 Apr. 2025 See All Example Sentences for profit and loss

Word History

First Known Use

1553, in the meaning defined above

Time Traveler
The first known use of profit and loss was in 1553

Browse Nearby Words

Cite this Entry

“Profit and loss.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/profit%20and%20loss. Accessed 6 Jun. 2025.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!