black

(redirected from Joseph Black)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.
Related to Joseph Black: Antoine Lavoisier, Joseph Priestley, magnesium

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 ?
The careers of William Cullen, Joseph Black, Joseph Priestley, and Humphrey Davy can now be seen as paradigms of a discipline that could only make its discoveries known and accepted by becoming part of public culture.
Joseph Black, CPO at Aetna, and EMS will co-present a detailed case study on "Implementation of Strategic Relationship Management".