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in the black

Definition from Dictionary, a free dictionary
He who never made a mistake, never made a discovery.
Samuel Smiles
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English

Etymology

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

Preposition

in the black

  1. (accounting, Template loop detected: Template:context 1) Having positive net income; having greater income than expenses; making a profit.

Usage notes

Usually used as a comparison to total debt, not just current costs.

Antonyms

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