Category: P

Definition Productivity is a financial term referring to the efficiency of production. In a financial context, it typically refers to the measure of output created

Definition A Profit and Loss Statement (P&L), also known as an income statement, is a financial report that summarizes the revenues, costs, and expenses incurred

Definition Production costs, also known as cost of goods manufactured, refer to the overall expenses incurred by a company to create its product or service.

Definition Production efficiency, in economics, is a state in which a system cannot possibly produce more of one good without decreasing the production of another.

Definition A product portfolio refers to the collective group of products or services offered by a company. It includes all product lines or business unit

Definition A profit center is a branch or division of a company that directly adds to its profit. It is treated as a separate business

Definition Profit margin is a key profitability metric for a company. It represents the percentage of revenue that has turned into profits. Simply put, it

Definition The Production Possibility Frontier (PPF) is a graphical representation showing the maximum combination of goods and services an economy can produce utilizing its resources

Definition Profit, in a financial context, refers to the monetary surplus left once all business expenses, taxes, and costs of goods sold have been subtracted

Definition Profit Before Tax (PBT) is a profitability measure that looks at a company’s profits before the company has to pay corporate income tax. It