profit and loss account(n = noun.possession) profit and loss - an account compiled at the end of an accounting period to show gross and net profit or loss; Array
is a kind of account, account statement, accounting

N  accounts, accompts, commercial arithmetic, monetary arithmetic, statistics, money matters, finance, budget, bill, score, reckoning, account, books, account book, ledger, day book, cash book, pass book, journal, debtor and creditor account, cash account, running account, account current, balance, balance sheet, compte rendu, account settled, acquit, assets, expenditure, liabilities, outstanding accounts, profit and loss account, profit and loss statement, receipts, bookkeeping, accounting, double entry bookkeeping, reckoning, audit, accountant, auditor, actuary, bookkeeper, bean counter, financier, accounting party, chartered accountant, certified accountant, accounting firm, auditing firm, monetary, accountable, accounting.

account, account book, account executive, account for, account payable, account representative, account statement, allowance account, at a loss, audited account, bank account, book of account, brokerage account, capital account, capital loss, cash account, charge account, charge account credit, checking account, conductive hearing loss, control account, core loss, credit account, current account, custodial account, deposit account, dormant account, expense account, financial loss, giro account, gross profit, gross profit margin, hearing loss, individual retirement account, loss, loss leader, loss of consciousness, loss ratio, margin account, margin of profit, memory loss, net profit, no account, on account of, open account, paper loss, paper profit, passbook savings account, pension account, profit, profit and loss, profit by, profit margin, profit sharing, profit taker, reserve account, retirement account, retirement savings account, revolving charge account, savings account, savings account trust, sensorineural hearing loss, short account, suspense account, take account, take into account, theoretical account, time deposit account, total loss, travel and entertainment account, trust account, trustee account, turn a loss, turn a profit, valuation account, windfall profit, written account