Profit & Loss, used to indicate cognizance over a business unit. This makes the individual responsible for profitibility of the unit.
Since I was promoted to product manager for XYZ, I finally have a P&L
by JP-5 October 07, 2005
It means pointing and laughing as used when talking over the web.
Bob: i ran myself over accidently
by Harry/Sinead August 03, 2005