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.
The conclusion is that just 5% of companies saw rapid revenue gains from AI, while the rest stalled or saw little measurable impact on profit and loss statements. Arafat Kabir, Forbes.com, 26 Aug. 2025 The vast majority—95%—report zero impact on profit and loss statements from formal AI investments. Dave Smith, Fortune, 19 Aug. 2025 Her essentials include clean financial records with current profit and loss statements, official business documentation, separate business bank accounts, and crystal-clear understanding of business numbers. Kimberly Wilson, Essence, 9 Aug. 2025 Rivals and analysts suggest that Ellison has improved at managing profit and loss and appeasing superstar creative talent like Tom Cruise and Charlize Theron (arguably the two most important tasks in running a studio). Matt Donnelly, Variety, 5 Aug. 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

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Cite this Entry

“Profit and loss.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/profit%20and%20loss. Accessed 10 Sep. 2025.

Last Updated: - Updated example sentences
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