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Profit and loss statement

• Normally an internal company report somewhat similar to an Income Statement

• Is the report which shows a client's, trader's, desk's, operating line's or firm's profitability. It can refer to one trade or some designated accounting period. In the gross form, these reports only indicate trading impacts. Depending on the reporting purposes, the reports can take into account other income and expenses.

 
 Embedded terms in definition
 Expenses
Gross
Income statement
Income
Other income
Profitability
Take
Trade
Trading
 
 Related Terms
 

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