profit and loss vs account statement
account statement vs profit and lossprofit and loss and account statement both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| profit and loss | Yes | No | No | No |
| account statement | Yes | No | No | No |
As nouns,
account statement is a hypernym of
profit and loss; that is, account statement is a
word with a broader meaning than profit and loss:
- profit and loss: an account compiled at the end of an accounting period to show gross and net profit or loss
- account statement: a statement of recent transactions and the resulting balance
Other hypernyms of profit and loss include
account, accounting.
| profit and loss (noun) | account statement (noun) |
|---|---|
| an account compiled at the end of an accounting period to show gross and net profit or loss | a statement of recent transactions and the resulting balance |
Words related to "profit and loss"
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