Business terms and jargon explained. Your business dictionary

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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Tax Form - P46	Business Impact	Workout	Commission Agent
Whistleblower	Hash Function	AMOGA	Ex cathedra
Over Trading	Management buyout	Real	Private Treaty
Continental Shelf	Biometrics	Goods	Applet
Transfer of Shares	Capital Goods Scheme	Tax code	Independent Review Service
Contingency	Loading Pass	Holding Company	Taxation of costs
Click Fraud	Doli incapax	Autoregressive	Power of Attorney
CVC	Force Majeure	Ratio decidendi	BIMBO
Co-Decision - EU	Legal Services Ombudsman	REDCENT	Adware
Financial Capital	Operational risk	Call Back Pay	Mesne Profits

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

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