Single word for profit or loss
I need a single word or short phrase (2 or 3 words at most) that describes revenue minus expenses, that is the net financial gain or loss. It is unknown when applying this term whether the amount is a loss or gain, so I am looking for a term that intentionally leaves that unspecified. The word will be used as a label, so it would preferably be a very clear word without alternate meanings that can stand on its own. That somewhat excludes slang, but my situation doesn't necessarily require an especially formal word.
I've tried several routes to see if I could find something. I've been surprised that I haven't found results readily, to be honest. "Bottom line" seems close, but I feel that doesn't seem quite precise enough for a label. "Net" would be appropriate, but as a label, it may not be especially clear that it refers to financial profit/loss. (There are a number of non-financial quantities in the same context.)
Solution 1:
Net profit is a proper definition or net financial result:
- Often referred to as the bottom line, net profit is calculated by subtracting a company's total expenses from total revenue, thus showing what the company has earned (or lost) in a given period of time (usually one year). also called net income or net earnings.
Source: (www.investorwords.com)
Solution 2:
During 40 years in the profession I never discovered any better term than 'Profit or loss'.
Some people I knew, mostly Americans, would talk about a 'negative profit'. I could never understand why they would use two words where one would suffice - namely 'loss'.
You could use 'income' - 'gross income', 'net income'. If it is negative, I guess you still call it 'income'. I have never heard of 'outgo'!
Solution 3:
net
The amount remaining after expenses are deducted