bottom line in business definition
Bottom-Line Focus Definition. by Neil Kokemuller. Small-business operators often maintain a bottom-line focus. Jupiterimages/Brand X Pictures/Getty Images. The familiar phrase the bottom line, used as synonymous with the conclusion or the underlying truth, is actually taken from the standard Income Statement in accounting, which subtracts costs and expenses from sales and shows profits as the bottom line of the statement. 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. Cual es el significado de "the bottom line in business", laEnglish synonyms English collocations English usage Italian definition Spanish definition Spanish synonyms Catalan definition Spanishbottom line contiene el total final que se escribe en la ultima lnea de una cuenta, por lo tanto lo ms If you watch business news channel, you may have heard the term top line and bottom line and if you read the definition of those terms they sound very complex to understand. Today I will try to explain top- line and bottom-line in a very simple language and simple examples as well as clarify the Small Business.Bottom line refers to a companys net earnings, net income or earnings per share (EPS). The reference to " bottom" describes the relative location of the net income figure on a companys income statement. CONCEPT OF TRIPLE BOTTOM LINE REPORTING Triple Bottom Line (TBL) reporting is a method used in business accounting to further expand.People inside and outside academia who have studies and practiced sustainability would agree with the general definition of Andrew Savitz for TBL. Suggest new translation/definition. bottom line.2 n-count The bottom line in a business deal is the least a person is willing to accept. usu sing, usu poss N She says 95,000 is her bottom line. Bottom line definition, the last line of a financial statement, used for showing net profit or loss. See more.
Also (especially as an adjective) bottomline. Define Bottomline.Bottom line, the definition at Dictionary.com, a free online dictionary with pronunciation, synonyms and translation. Definition of bottom line noun from the Oxford Advanced Learners Dictionary.2(business) [countable] the amount of money that is a profit or a loss after everything has been calculated The bottom line for 2014 was a pre-tax profit of 85 million. Double bottom line definition - What does Double bottom line mean?While all businesses have a conventional bottom line to measure their fiscal performance—financial profit or loss—enterprises which seek a second. 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.
Glossary of business and production terms.For the term triple bottom line may also exist other definitions and meanings, the meaning and definition indicated above are indicative not be used for medical and legal or special purposes. Interest in triple bottom line accounting has been growing across for-profit, nonprofit and government sectors. Many businesses and nonprofitPeople inside and outside academia who have studied and practiced sustainability would agree with the general definition of Andrew Savitz for TBL. Financial Definition of bottom line and related terms: A commonly used term that refers to the net income (profit) reported by a business, which is the lasNet income is clearly the single most important number in business financial reports. 45-Degree Line. bottom line meaning, definition, what is bottom line: the final line in the accounts of a company or organization, stating the total profit or."bottom line" in Business English. Inherent in the definition of sustainable development are concepts of envi-ronmental stewardship and inter- and intragenerational equity.Triple bottom line and sustainability concepts have gained traction in fields related to economic development including business, planning, finance, and real Define bottom-line: concerned only with cost or profits pragmatic, realistic — bottom-line in a sentence.Definition of bottom line. 1 a : the essential or salient point : crux. b : the primary or most important consideration.
Bottom line definition: The bottom line in a decision or situation is the most important factor that you have to |[business]. These small promotions were costly and they did nothing to increase his bottom line. The law does not contain a legal definition of supervision, and therefore, absent a legal definition, the plain English definition applies.Becoming involved in an improper business arrangement, may, in the short term, raise a physicians economic bottom line. In the places where one is expecting a definition the most that one usually finds are vague claims about the aims of the 3BL approach. We are told, for example, that in the near future the worlds financial markets will insist that business delivers against all three bottom lines.8 If we arent good The Bottom line of policing. What Citizens Should Value (and Measure!) in Police Performance.4 There is a second, different definition of legitimacy.In business par-lance,controlling crime is job number one.Yet,in my view,to measure the value of the police only in this Defining Triple Bottom Line Reporting. Most commonly accepted definition of sustainabilityLaura Musikanski, JD, MBA, CEM lmusikanskientrix.com. Benchmarks. The Corporate Business Community. The Employed Conditions. Definition of bottom line: Net income after tax.For a small business, negotiation can make or break your company. Making the best deal possible is especially critical in tough economic times. This bottom line definition Investor Glossary Homepage.Thus bottom line has become a general term meaning "crux," "gist," "the last word," or "cut to the chase." Bottom line should not be used in formal business communication. History. The term "double bottom line" grew from a concept that Jed Emerson developed at Harvard Business School.(2017, September 26). Definition of a Double Bottom Line. Bizfluent. The bottom line is that we have to make a decision today. 2. (business) the amount of money that is a profit or a loss after everything has been calculated.Find a translation for definition "bottom line" in other languages Bottom line can mean net earnings, net income, or EPS. The net income figure appears at the bottom of an income statement, hence the expression. Word Definitions, Terminology, and Jargon.Outside of business, its a a common phrase to say, whats the bottom line? This just means cut to the chase or arrive at the point. In business the bottom line actually is what keeps the businesses afloat.Profitable businesses that have a healthy bottom line might also invest in new technologies that will ultimate enhance the customer experience. Your businesss bottom line is also called the net profit or net income. The number is either positive or negative and tells you how much money your business has left.Take a look at these tips on how to increase the bottom line in your business. Yes, the minimum amount. (I dont agree with the definition, however.). The definition of bottom liners in Dictionary is as: plural of bottom liner.Bottom Liners is a one-panel comic strip devised by cartoonists Eric and Bill Teitelbaum. The themes of the strip are the worlds of business and finance. Bottom line Definition from Business Finance Dictionaries Glossaries.In business, net income (total comprehensive income, net earnings, net profit, informally, bottom line) is an entitys income minus cost of goods sold, expenses and taxes for an accounting period. The first use of it was credited to John Elkington, who founded a consulting firm called SustainAbility.Triple bottom line definition.Before the term became known, the bottom line in a business was focused mostly on the financial side profit and loss. With understanding you can find the bottom line and follow that which causes the best over all results for the majority of those concerned. What exactly does that mean? To start to answer that question we have to look at the definition of business ethics. As a matter of fact, Triple Bottom Line business never uses child labor and will always monitor contracted firms for the exploitation of child labor.According to Finer, the definition of a group has been renegotiated to refer to the conception and definition of what the environment is. As a matter of fact, Triple Bottom Line business never uses child labor and will always monitor contracted firms for the exploitation of child labor.As an effect, it differs much from the traditional accounting definitions of what the profit is. Originally within sustainability framework, the concept of bottom line - noun the last line on a balance sheet indicating profit or loss Usage the boss is interested only in the bottom line he is only interestedBusiness. By systematic business planning I mean integrating all three aspects of the Triple Bottom Line: in definition of the business (mission statement, vision statement, values statement), in formulating goals and objectives translation and definition "bottom line", Dictionary English-English online.Unfortunately, little concrete Canadian evidence exists linking workplace health and work-life conflict to the bottom line (both the corporate bottom line and the bottom line of Canadas health care system). In traditional business accounting, the "bottom line" refers to the sum of revenue minus expenses, which is either "loss" if negative, or "profit" if positive.Find a translation for the triple bottom line definition in other languages: Select another language Define bottom line. bottom line synonyms, bottom line pronunciation, bottom line translation, English dictionary definition of bottom line. n. 1. The line in a financial statement thatBOTTOM LINE (Business definition): Gross sales minus taxes, interest, depreciation, and other expenses. the lowest line of the earnings report of a company, on which net profit per share of stock is shown. Informal profits or losses, as of a business.bottom line - Investment Finance Definition. Another way of saying net income. Definition of bottom line - the final total of an account or balance sheet.Actually, today, just five corporations own almost the entire record business, where numbers are the bottom line. B. Bottom line. Definition Synonyms Antonyms Related words Rhymes. Search. Dictionary.countable noun bottom line The bottom line in a business deal is the least a person is willing to accept. Definition of bottom line: Gross sales minus taxes, interest, depreciation, and other expenses. also called net earnings or net income or net profit.Use bottom line in a sentence. Triple bottom line. Definition. The three bottom lines.Often environmental sustainability is the more profitable course for a business in the long run. Definition of bottom line from QFinance - The Ultimate Financial Resource.Internal Auditing and Doing Business in Foreign Countries As companies increasingly expand abroad, chief audit executives face a host of new and unexpected challenges.