The P&L or profit and loss account shows the income earned during a period and the expenses incurred, and how they combine to make a profit or a loss. PBIT (profit before interest and tax). PBIT is the profit that the company makes, before taking into account interest, tax and dividends. PBIT is also known as operating profit and EBIT (earnings before interest and tax).
Profit & Loss. A financial statement that shows a company's income and expenses for a given period of time.
Profit & Loss. A report listing sales, expenses, and net income.
The abbreviation for profit-and-loss statements.
Profit and loss statement for a trader.
Profit & Loss. Standard financial statement that presents revenue, costs, and the resulting profits for one or more fiscal periods.
A summary of a corporation's revenues, costs, and expenses within an accounting period--also called an "Income Statement". See: Balance Sheet; Financial Statement; Income Statement
Profit and Loss Statement (P&L) - An end of the month accounting report that outlines all activity of the establishment, shows totals for labor and food cost, figures in waste, discounts, overhead, payroll, and all other affecting factors, and gives the manager a final number of profit made or loss incurred.