Money
P&L
The profit and loss statement: money in, money out, over a period, and what's left. "Owning a P&L" means being answerable for one.
You'll hear it as
Your team sits on the P&L as a cost centre.
Why it matters to you.
If your team is a line of cost on someone's P&L, every hire and every tool is a number they have to defend. That's why the answer is often no.
Related terms.
Videos.
No video mentions P&L by name yet. These are on the same topic, Business & startups.