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
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Amazon's average cut of each sale crossed 50% for the first time in 2022, according to Marketplace Pulse, a third-party market research firm, which cited a sample of sellers' profit and loss statements. Annie Palmer, CNBC, 15 Apr. 2026 Everyone has ethics until their P&L [profit and loss] is affected. Max Goldbart, Deadline, 9 Apr. 2026 Each Creative House will have full responsibility for its brands’ development and its profit and loss (P&L), including the development of new IPs. Jennifer Maas, Variety, 20 Feb. 2026 Have a monthly profit and loss review and a yearly review of vendors and their competitive pricing. Matthew Martin, semafor.com, 7 Nov. 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 23 Apr. 2026.

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