income statement Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “income statement” in the English Dictionary

"income statement" in Business English

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income statementnoun [C]

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