profit and loss definition, profit and loss meaning | English dictionary

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Collins

profit and loss

  

      n     (Book-keeping)   an account compiled at the end of a financial year showing that year's revenue and expense items and indicating gross and net profit or loss  
English Collins Dictionary - English Definition & Thesaurus  
Collins
profit  
      n  
1    often pl   excess of revenues over outlays and expenses in a business enterprise over a given period of time, usually a year  
2    the monetary gain derived from a transaction  
3   
a    income derived from property or an investment, as contrasted with capital gains  
b    the ratio of this income to the investment or principal  
4      (Economics)  
a    the income or reward accruing to a successful entrepreneur and held to be the motivating factor of all economic activity in a capitalist economy  
b    (as modifier)  
the profit motive     
5    a gain, benefit, or advantage  
      vb  
6    to gain or cause to gain profit  
     (C14: from Latin profectus advance, from proficere to make progress; see proficient)  
  profiter      n  
  profitless      adj  


gross profit  
      n     (Accounting)   the difference between total revenue from sales and the total cost of purchases or materials, with an adjustment for stock  
net profit  
      n   gross profit minus all operating costs not included in the calculation of gross profit, esp. wages, overheads, and depreciation  
non-profit-making   ,   (often U.S.)   nonprofit  
      adj   not yielding a profit, esp. because organized or established for some other reason  
a non-profit-making organization     
preacquisition profit  
      n   the retained profit of a company earned before a takeover and therefore not eligible for distribution as a dividend to the shareholders of the acquiring company  
profit and loss  
      n     (Book-keeping)   an account compiled at the end of a financial year showing that year's revenue and expense items and indicating gross and net profit or loss  
profit centre  
      n   a unit or department of a company that is responsible for its costs and its profits  
profit-sharing  
      n   a system in which a portion of the net profit of a business is distributed to its employees, usually in proportion to their wages or their length of service  
profit taking  
      n   selling commodities, securities, etc., at a profit after a rise in market values or before an expected fall in values  

English Collins Dictionary - English Definition & Thesaurus  

Collins

profit

  

      n  
1      (often plural)    boot     (dialect)   bottom line, earnings, emoluments, gain, percentage     (informal)   proceeds, receipts, return, revenue, surplus, takings, winnings, yield  
2    advancement, advantage, avail, benefit, gain, good, interest, mileage     (informal)   use, value  
      vb  
3    aid, avail, benefit, be of advantage to, better, contribute, gain, help, improve, promote, serve, stand in good stead  
4    capitalize on, cash in on     (informal)   exploit, learn from, make capital of, make good use of, make the most of, put to good use, rake in     (informal)   reap the benefit of, take advantage of, turn to advantage or account, use, utilize  
5    clean up     (informal)   clear, earn, gain, make a good thing of     (informal)   make a killing     (informal)   make money  

English Collins Dictionary - English synonyms & Thesaurus  

Collaborative Dictionary     English Definition
n.
Free On Board: A legal term meaning that when the seller loads merchandise for transportation, he bears full responsibility for it but if the merchandise is later lost or harmed, the buyer suffers the loss.
n.
military aviation term: loss of visual reference during take-off or landing due to the sand or dust
n.
loss of feelings for someone who was formerly loved ; falling out of love
From Greek: an = without ; agape = love
n.
money paid to someone because they have suffered injury or loss, or because what they own has been damaged
[US] She received a compensation from the government for the damage caused to her property.
n.
money that is paid because someone suffered from a loss of what they own (such as injury)
When you are responsible for someone's serious injury, I think you should pay compensation to that person.
n.
Mydriasis Unilateral : because medication, loss of Eye inervation . Bilateral profound pupillary areflexia isssen in very profound Coma , Cardiac Arrest or in Death
medical term
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