The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

PROFIT AND LOSS (P&L) EXPLAIN Definition & Legal Meaning

Definition & Citations:

The daily summary of loss and profit. It helps a company prevent losses and increase returns. It is a valuable tool in risk management.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.