Word of the Day | PNL

Word of the day -  PNL

Word of the Day | PNL

In finance, the abbreviation PNL ( P&L) stands for "Profit and Loss." It's a way to measure how much money you've made or lost over a certain period of time.

Here's a simple breakdown:

  • Profit: This is the positive side of things. If you made more money than you spent or invested, you have a profit.

  • Loss: On the flip side, if you spent or invested more money than you made, you have a loss.

So, when people talk about their "PNL" in finance, they're basically talking about whether they're making money (profit) or losing money (loss) during a specific time frame. It's a way to see how well, or not so well, things are going financially.

https://www.dbm.academy/faq for more blockchain vocabulary.