income statement Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “income statement” in the English Dictionary

"income statement" in Business English

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income statementnoun [C]

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FINANCE, ACCOUNTING a document that shows a company's profit or loss in a particular period of time: According to its income statement, the company's revenue decreased by 21.5% during the third quarter.
(Definition of income statement from the Cambridge Business English Dictionary © Cambridge University Press)
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