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The world of business is filled with a variety of terms, jargons, and odd phrases along with an ample supply of acronyms. The term bottom line is often used and refers to the profitability of a business after all expenses are deducted from revenues. Bottom line profits are net profits after all the costs of the business have been accounted for.
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Bottom Line An informal term for net income. That is, the bottom line is a company's total revenue less its operating expensesinterest paid, depreciation and taxes. Mentioned in? References in periodicals archive?
The triple bottom line or otherwise noted as TBL or 3BL is an accounting framework with three parts: social, environmental or ecological and financial. Some organizations have adopted the TBL framework to evaluate their performance in a broader perspective to create greater business value. In traditional business accounting and common usage, the " bottom line " refers to either the "profit" or "loss", which is usually recorded at the very bottom line on a statement of revenue and expenses.
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