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 ?
After spending more than US$2 billion since 2005 to modernize its electrical grid and eliminate power black outs, Cuba has set about overhauling its transport system, government officials say;
Con Edison and Public Energy Solutions (PES) are shedding some light on ways that New York City buildings can prevent black outs, help the electric grid this summer and save 25-50% on energy costs through a new program called Operation Kill-A-Watt.
1972: Nine hour electricity black outs took place all over Britain, as power stations struggled to find coal supplies during the miners strike.
The floating weed, Eichhornia crassipes, provides covers for crocodiles and snakes, encourages malaria and bilharzia, blocks ferries and fishing boats, and has clogged the intake pipes of Uganda's main power station, causing black outs in the capital.