Financial and business terms

P AND L ACCOUNT

P and L account: translation

P and L accountUKUSnoun[C] (alsoP and L,P & L)ACCOUNTING,FINANCE
►ABBREVIATIONforPROFIT-AND-LOSS ACCOUNT(Cf. ↑profit-and-loss account):»

Payments made under leasing arrangements should be included in a company's P and L account for the year.

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He called a meeting to go through the P & L.


  1. p and l account—profit and loss account...Англо-український тлумачний словник економічної лексики