Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • adjective accounting, idiomatic Having positive net income; having greater income than expenses; making a profit.
  • adjective accounting, idiomatic Having positive net worth.

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

From the standard accounting practice of using black ink, as opposed to red ink, to denote positive values, especially a net income.

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Examples

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