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

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






WordNet 3.0 © 2010 Princeton University








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Words linked to "Profit and loss account" :   account, profit and loss, accounting, account statement



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