P&L 

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

P&L by JP-5 October 7, 2005

P&L 

It means pointing and laughing as used when talking over the web.

Bob: i ran myself over accidently
Malcolm: P&L

P&L by Harry/Sinead August 29, 2005

P&L 

Stands for: Peace and love. The best sign-out ever... Used between family and friends.

Good luck on your math test, honey. P&L.

P&L by SillyBee08 October 15, 2007

p.l. 

Pussy lick ;p

Can I get a p.l.?

p.l. by lindsay rae December 17, 2008

p,l 

p,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,lp,l

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p,l by qpalzm\ August 2, 2021

p.l. 

It is when a gay person or straight person takes a hold of a penis, and proceeds to take its tongue and lick the penis.

"Your Gay friend gets more P.L. then I do"

p.l. by Poolgurl August 11, 2006

P & L 

Persistence and lube.

It's so tight, but nothing that a little P & L won't fix!

P & L by DrewSartha December 4, 2017