Profit and Loss
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What does PnL mean?
PnL means Profit and Loss (PnL) or Profit & Loss (P&L).
PnL could mean:
1, P&L statement, refers to the total profit or loss made by a company or individual over a given period, usually a fiscal quarter or year. P&L statement is a financial statement used to assess a company’s performance.
2, PnL is the way traders refer to the daily change to the value of their trading positions.
PnL = Value today - Value from prior day