™100 shares bought at $50 and sold at $55 yield $500 gross P&L; $20 total costs reduce net P&L to $480.
Trading
Profit and loss (P&L)
The realized or unrealized financial result of a position or account over a period.
Plain-English context
Put the definition to work.
Specify realized versus unrealized, gross versus net, currency and cash-flow treatment before comparing results.
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