Profit and Loss (P&L or PnL)

P&L stands for profit and loss. P&L is commonly used to refer to the P&L statement or income statement which outlines a company’s income and expenses for a given year.

Example:

Daymond John developed his business acumen by reading the Red Lobster PNL’s while he was a waiter for the restaurant.

More Information: < FUBU: Daymond John
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