| 释义 |
profit and loss account profit and loss account(P & L account)1. An account in the books of an organization showing the profits (or losses) made on its business activities with the deduction of the appropriate expenses. profit centre A section or area of an organization to which revenue can be traced, together with the appropriate costs, so that profits can be ascribed to that area. Profit centres may be divisions, subsidiaries, or departments. |