P&L
Profit and Loss statement. Revenue minus costs, and the document that decides which projects live. 'Owning a P&L' is the executive merit badge that separates leaders from very senior helpers.
Heard in the wild
“She owns the services P&L now — real authority, real exposure.”
Tone check: Technical
P&L ownership is career-defining and career-risking in equal measure. It's where accountability stops being theoretical.