From Wiktionary, the free dictionary
P&L (countable and uncountable, plural P&Ls)
- (finance) Abbreviation of profit and loss.
2011, Mark Galant, Brian Dolan, Currency Trading For Dummies, John Wiley & Sons, →ISBN, page 52:Mark-to-market is the calculation that shows your unrealized P&L based on where you could close your open positions in the market at that instant.
