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 ?
The content of the leak was totally improper and incorrect and an attempt to blacken my good name.
I suppose you could blacken any kind offish you care to bring home, either from a fishing trip or the market, but you'll always get the best results from firm-fleshed types, rather than softies such as speckled trout or yellowtail, whose fillets are more likely to break up during the process.
TOP economist Eddie Hobbs said the Government tried to blacken his name because of his hit show Rip Off Republic.
The reasoning is simple, the lungs of even active smokers do not blacken on the outside they blacken in extreme cases on the inside.