black
/blæk/ noun FINANCEDefinition
in the black › FINANCE, ACCOUNTING a company or organization that is in the black has made a profit: Analysts predict that the group will end the fiscal year in the black. › FINANCE, STOCK MARKET shares that are in the black have increased in value: Smaller shares ended in the black, but with less dramatic gains than the blue chips. › BANKING, ACCOUNTING a bank account that is in the black has money in it: We hope that the harder we work, the more our account will stay in the black.
go into/move into/return to, etc. the black › to start making a profit after losing money: This is the biggest shopping day of the year, when retailers aim to go into the black. › to increase in value: The main index actually moved back into the black late afternoon.
→ Compare red(Definition of black noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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