What is PROFIT AND LOSS (P&L) EXPLAIN?

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

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Related Legal Terms
PAPER PROFIT (OR LOSS), REALIZED PROFIT/LOSS, UNREALIZED PROFIT/LOSS, UNDERWRITING PROFIT OR LOSS, LOSS FINANCING, LOAN LOSS RESERVE, EXPECTED LOSS, LOSS CONTROL, EXPECTED CREDIT LOSS, GROSS PROFIT MARGIN


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