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Profit-booking is nothing but encashing or realising the profit or gain in a share by selling it.
For example
In the market you buy a stock or share say
at Rs.150.
You are holding it for more than 2 months. Now its quoted at, lets say... Rs.320
The market has been bullish and you expect the trend to continue.
So you hold on to the stock. Another week goes.
The quote rises from Rs.320 to Rs.325.
No doubt the stock is .... still bullish or ... on the rise.
But dont yuou see that there is a slow down in the rise.
Yes this is the time to think seriously ....
and Sell the stock and take the profit
... this is called profit-booking, wheterh done by individuals or by big operators or by brokers.
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∙ 16y ago
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What is the meaning of the abbreviation 'PNL' in terms of business?
profit and loss
What is meaning of profit?
The term profit is loosely used, and it is hard to actually define profitability. One way to explain the meaning of profit would be to take the difference between the revenues from the goods sold and the cost of those goods. Example: You sell $100 worth of food that cost you $50 to get. Revenue = 100 Cost of goods = 50 = PROFIT = $50 I believe this is otherwise known as "Profit Margin" But businesses are faced with other expenses such as... the cost for a chef to make the food. Let's say it costs $20 Chef/Kitchen expense: $20 PROFIT AFTER ALL EXPENSES: $30 Profit after all expenses is better known as Net Income. As you can see, it is hard to actually distinguish what profit is... and I believe that the most agreed upon answer would be Revenue-COST OF GOODS and does not include any expenses afterwards such as kitchen expense.
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net profit
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profit and loss
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Is possible to flog the date of your booking
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retrieve booking
