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
2 more definitions
It means pointing and laughing as used when talking over the web.
Bob: i ran myself over accidently
by Harry/Sinead August 03, 2005
Stands for: Peace and love. The best sign-out ever... Used between family and friends.
Good luck on your math test, honey. P&L.
by SillyBee08 September 30, 2007