noun
Meaning 1
A calculation which shows the profit or loss of an accounting unit (company, municipality, foundation etc.) during a specific period of time, providing a summary of how the profit or loss is calculated from gross revenue and expenses.
Definition source: English Wiktionary via Wiktextract
Topics: accounting, business, finance
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: profit and loss statement, P&L statement, P&L
Antonyms: none provided