Definitions for "P&L"
Keywords:  profit, pbit, ebit, statement, revenue
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.