black

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Black

Informal; describing a financial statement that ends with a positive assessment. For example, if a company produces a profit for a given period of time, it is said to be "in the black." The term comes from the color of ink used for such statements. See also: Red.

black

Of or relating to the profitability of a firm or the operations of a firm. The term derives from the color of ink used to enter a profit figure on a financial statement. Compare red.
References in periodicals archive ?
They did not publicly enlist in the black cause, but their passive support was assured when King recognized non-violence as a tactical as well as a moral imperative.
Chappell acknowledges the division in the black community that has developed around the separatist doctrine advocated by a dissident hero of the Movement, Malcolm X.