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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