"profit and loss" meaning in English

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      "expansion": "profit and loss (uncountable)",
      "name": "en-noun"
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  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
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        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
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          "source": "w"
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      "examples": [
        {
          "ref": "2022 November 16, Christian Wolmar, “Can Merriman use his rail knowledge to make a difference?”, in RAIL, number 970, page 45",
          "text": "That's far from the promised land set out in the Williams-Shapps Plan for Rail, that the railways would have a guiding mind that would be in control of the industry's finances. Businesses have what is called a profit and loss account, showing both revenue and costs, but the current situation means that the two sides of the system are in different hands - and neither is (as yet) in the hands of a 'guiding mind'.",
          "type": "quotation"
        }
      ],
      "glosses": [
        "A profit-and-loss statement; an income statement."
      ],
      "id": "en-profit_and_loss-en-noun-p12PPJYA",
      "links": [
        [
          "income statement",
          "income statement"
        ]
      ],
      "synonyms": [
        {
          "word": "P and L"
        },
        {
          "word": "P & L"
        },
        {
          "word": "P/L"
        }
      ],
      "tags": [
        "uncountable"
      ]
    }
  ],
  "word": "profit and loss"
}

{
  "head_templates": [
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      "expansion": "profit and loss (uncountable)",
      "name": "en-noun"
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  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
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        "English multiword terms",
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        "English terms with quotations",
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      "examples": [
        {
          "ref": "2022 November 16, Christian Wolmar, “Can Merriman use his rail knowledge to make a difference?”, in RAIL, number 970, page 45",
          "text": "That's far from the promised land set out in the Williams-Shapps Plan for Rail, that the railways would have a guiding mind that would be in control of the industry's finances. Businesses have what is called a profit and loss account, showing both revenue and costs, but the current situation means that the two sides of the system are in different hands - and neither is (as yet) in the hands of a 'guiding mind'.",
          "type": "quotation"
        }
      ],
      "glosses": [
        "A profit-and-loss statement; an income statement."
      ],
      "links": [
        [
          "income statement",
          "income statement"
        ]
      ],
      "tags": [
        "uncountable"
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  "synonyms": [
    {
      "word": "P and L"
    },
    {
      "word": "P & L"
    },
    {
      "word": "P/L"
    }
  ],
  "word": "profit and loss"
}