Business and Personal Finance Dictionary

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• PROFIT & LOSS ACCOUNT - shows the net profit which is left after all relevant business expenses have be...
  
  
• PROFIT AFTER TAX (PAT) - the net profit earned by the company after deducting all expenses like interes...
  
  
• PROFIT AND LOSS ACCOUNT (P&L) - One of the three principal business reporting and measuring tools (alon...
  
  
• PROFIT AND LOSS SHARING (PLS) - the method utilized in Islamic banking to comply with the prohibition o...
  
  
• PROFIT AND LOSS STATEMENT - Is the report which shows a client's, trader's, desk's, operating line's or...
  
  
• PROFIT AND LOSS STATEMENT (P&L) - also known as an income statement. It shows your business revenue and...
  
  
• PROFIT BEFORE TAXES - operating profit minus all other expenses (net).
  
  
• PROFIT CENTER - a section of an organization that is responsible for producing profit, e.g., a division...
  
  
• PROFIT CENTER ACCOUNTING - a method of accounting that identifies various segments of a business that a...
  
  
• PROFIT FORECAST - A prediction of future profits of a company, which may affect investment decisions.