What Does P&L Stand For? Profit and Loss Statements Explained
P&L stands for profit and loss. A P&L statement shows a company’s revenue, costs and profit over a period. See a simple example and how to read one.
Work chat and email are full of short forms. This hub explains the workplace acronyms you see every day, from COB and EOD to KPI, SOW and PTO, with real examples of how people use them in Slack, Teams, email and meetings.
P&L stands for profit and loss. A P&L statement shows a company’s revenue, costs and profit over a period. See a simple example and how to read one.
PS means “postscript,” a short note added after your signature. Learn when a PS works in work emails, examples and when to leave it out.
YTD stands for “year to date.” On a paycheck, it shows your total earnings, taxes and deductions from January 1 through the current pay date. Here’s how to read it.
PMO stands for project management office, the team that sets project standards, tracks portfolios and supports project managers across a company.
OOTO means “out of the office.” Learn how it’s used in calendars, Slack and auto-replies, and how to write a clear OOTO message.
FTE stands for full-time equivalent, a way to measure workload by converting part-time hours into full-time units. See the formula and examples.
FYR means “for your reference”: you’re sharing something the reader can keep and use later. See examples and how FYR differs from FYI.
RE in an email subject line means “regarding” or “in reference to,” and email apps add it automatically to replies. Learn RE vs FW and subject line etiquette.
EEO means equal employment opportunity: the principle and laws that bar job discrimination based on protected traits. Learn what it covers and what EEO statements mean.
ATS stands for applicant tracking system: software employers use to post jobs, collect applications and manage hiring. Learn how it works and how to write an ATS-friendly resume.