IN THE BLACK Definition

Bookmark and Share

IN THE BLACK means making money; the opposite of "in the red."

Learn new Accounting Terms

TRADING PROFIT is that profit earned from the short-term trading of securities that were held for less than one year. Such profit is usually subject to tax at regular income tax rates.

SOCIAL ENTITY is the separate existence of an organization that is perceived to exist, by its members and the public at large, as a given, i.e. something that exists before and outside of them.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.