PROFITABILITY Definition

PROFITABILITY is companys ability to generate revenues in excess of the costs incurred in producing those revenues.

Learn new Accounting Terms

SIMPLE INTEREST is interest computed on principal alone, as opposed to compound interest which includes accrued interest in the calculation.

POINT OF is a positional determinant or modifier in that it is either the starting or ending position, e.g. point of sales, point of delivery, point of collection, or point of completed production.

Suggest a Term