profit for a period
1profit — margin; profit margin For a single transaction or set of transactions, the excess of sales revenue over the costs of providing the goods or services sold. See gross profit; net profit For a period of trading, the surplus of net assets at the end… …
2profit — prof·it n 1: gain in excess of expenditures: as a: the excess of the selling price of goods over their cost b: net income from a business, investment, or capital appreciation compare earnings, loss …
3Profit and loss accounts — Profit and loss accounts are the ledger accounts to which the balances of the revenue, income, expense and loss accounts at the end of an accounting period are transferred, to show the net difference as the net income or net loss for the period …
4profit — total revenue less total expenses for a period of time calculated in accordance with generally accepted accounting principles. Glossary of Business Terms Revenue minus cost. The amount one makes on a transaction. Bloomberg Financial Dictionary *… …
5profit — Most commonly, the gross proceeds of a business transaction less the costs of the transaction; i.e. net proceeds. Excess of revenues over expenses for a transaction; sometimes used synonymously with net income for the period. Gain realized from… …
6profit — 1) (margin; profit margin) For a single transaction or set of transactions, the excess of sales revenue over the costs of providing the goods or services sold. See: gross profit, net profit 2) For a period of trading, the surplus of net assets at …
7profit — I. noun Usage: often attributive Etymology: Middle English, from Anglo French, from Latin profectus advance, profit, from proficere Date: 14th century 1. a valuable return ; gain 2. the excess of returns over expenditure in a transaction or… …
8period — pe‧ri‧od [ˈpɪəriəd ǁ ˈpɪr ] noun [countable] a particular length of time: • She has been taken on for a 6 month trial period. acˈcounting ˌperiod ACCOUNTING a period of time to which a particular payment is related for accounting or tax purposes …
9profit and loss statement — index ledger Burton s Legal Thesaurus. William C. Burton. 2006 profit and loss statement …
10Profit tax — in Hong Kong is Direct tax and also classified into Income tax.According to Cap.112 Hong Kong Ordinance, Inland Reveue Ordinance (in short, IRO) IRO Section 14, unless otherwise provides, profit tax shall be charged at the standard rate on any… …