Business Terms and Jargon Explained

What is Profit and Loss Responsibility

P & L responsibility is the accountability of a department, section or company in terms of it making a profit or loss in its own right. When authority is given, then that person is responsible for its performance and how it will affect the rest of the business and is answerable for the results.

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Colon - El Salv Pari passu 24/7/365
SMTP Bereaved minor Real Wage Flexibility
The Bar Floating Charge MBPS
Shrinkage Market equilibrium Charities
Account monitoring order Bid N336 Civil Court form
Over the Counter Demilitarised Zone - DMZ Natural resources
Accounting Rate of Return Associated companies Hurdle Rate
Accounting reference date Woody Payment terms
7Z Hryvnia IANAL
HTH Retained earnings Directives - EU
Customs Duties Average Total Cost (ATC) Authorised Operator
Pre-Finance Goods X Bar CRN
In limine Annual bonus Killer bee

Term created / updated 2007-05-29 00:06:06

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