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Profit and loss   /prˈɑfət ənd lɔs/   Listen
Profit and loss

noun
1.
An account compiled at the end of an accounting period to show gross and net profit or loss.  Synonym: profit and loss account.



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"Profit and loss" Quotes from Famous Books



... lightly—as men will in justifying themselves before the finger of an hoary accusation. Gessner cared neither for God nor man. His only daughter had been at once his divinity and his religion. Let men call him a rogue, despot, or thief, and he would shrug his shoulders and glance aside at his profit and loss account. But let them call him "fool" and the end of his days surely was ...
— Aladdin of London - or Lodestar • Sir Max Pemberton

... iconoclastic. His was not the doctrine of the future—of future repentance for the wrongs done to-day, of future reward for the good to-day achieves, all deeds being balanced on a mercantile account of profit and loss. His was a cry almost fierce, demanding, in the name of human woe, that to-day shall hold no cruelty, no evil done, even to the smallest and most ...
— In Connection with the De Willoughby Claim • Frances Hodgson Burnett

... contract at a lower point than the contract called for, and would consequently be able to deliver to the merchant who made the hedge, cotton which the latter would be forced to accept at a price higher than the then prevailing one, and thus again the profit and loss would balance each other. The usual custom is, not for the merchant to accept delivery, but to pay over to the seller of the futures contract the difference between the contract price and that prevailing. This would be just the difference between his own purchasing ...
— The Fabric of Civilization - A Short Survey of the Cotton Industry in the United States • Anonymous

... longer believe in St. Edmund, no longer see the figure of him 'on the rim of the sky,' minatory or confirmatory! God's absolute Laws, sanctioned by an eternal Heaven and an eternal Hell, have become Moral Philosophies, sanctioned by able computations of Profit and Loss, by weak considerations of Pleasures of Virtue ...
— Past and Present - Thomas Carlyle's Collected Works, Vol. XIII. • Thomas Carlyle

... Indeed, we should save money and effort could we unite churches of not too diverse creeds. We could thus give better preaching, music, improve the edifice, etc. I am by no means ready to advocate the radical abolition of coeducation, but we can already sum up in a rough, brief way our account of profit and loss with it. On the one hand, no doubt each sex develops some of its own best qualities best in the presence of the other, but the question still remains, how much, when, and in what way, identical coeducation secures ...
— Youth: Its Education, Regimen, and Hygiene • G. Stanley Hall


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