Profit Elasticity
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Profit Elasticity: A measure of the profit potential of different economic conditions based on adjusting price, supply, or other variables to create a different profit potential where the supply and demand cur . . . View Full Definition
Profit Forecast: A prediction of future profits of a company, which may affect investment decisions.
Profit Margin: A company's profit margin is derived by dividing its net earnings, after taxes, by its gross earnings minus certain expenses. Profit margin is a way of measuring how well a company is doing, . . . View Full Definition
Profit Rate: Annual Earnings per share after taxes as a percentage of shareholders' equity capital per share at corporate book value at the beginning of the year.
Profit Sharing: A profit-sharing plan is a type of defined contribution retirement plan that employers may establish for their workers. The employer may add up to the annual limit to each employee's profit- . . . View Full Definition
Profit Center: A division of an organization held responsible for producing its own profits.
Profit and Loss Statement (P and L): Another term for the income statement.
Price Elasticity Of Demand: The relationship between the change in the price of a commodity and the corresponding change in the quantity that is sold. If a small change in the price is accompanied by a relatively large . . . View Full Definition
Profit: Profit, which is also called net income or earnings, is the money a business has left after it pays its operating expenses, taxes, and other current bills. When you invest, profit is the amo . . . View Full Definition
Profit And Loss Account: An account made up of revenue and expense accounts which shows the current profit or loss of a business (ie. whether a business has earned more than it has spent in the current year). Often . . . View Full Definition
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