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 classic literature ?
I had thought the green Martians the most ferocious warriors in the universe, but the awful abandon with which the black pirates threw themselves upon their foes transcended everything I ever before had seen.
The Englishman attempted to dissuade him, but immediately the black became threatening and abusive, since, like all those who are ignorant, he was suspicious that the intentions of others were always ulterior unless they perfectly coincided with his wishes.
He was very sick, this white man, as sick as the black men who lay helpless about him, and whom he attended.
When, a moment later, the blacks came they saw even from a distance that Tantor had eluded them, for the size of the hole in the pit covering was too small to have accommodated the huge bulk of an elephant.
Just beyond the ridge he came within sight of the fleeing black, making with headlong leaps for a long war-canoe that was drawn well up upon the beach above the high tide surf.
Borckman and the black steersman echoed his words, and, as the wheel spun down, the Arangi, with the swiftness of a witch, rounded into the wind and attained a momentary even keel to the flapping of her headsails and a shifting of headsheets.
Hooper came, the first thing that their eyes rested on was the same horrible black veil, which had added deeper gloom to the funeral, and could portend nothing but evil to the wedding.
To invite personal combat, therefore, denotes confidence in his own swordsmanship, and great courage, two attributes that were calculated to fill the Black players with hope and valor when evinced by their Chief thus early in the game.
But Black Michael was a fit leader for this band of cutthroats, and, withal held them in fair subjection to his rule.
"Lots of 'em!" cried Button-Bright; and so there were--quite a row of the two-sided black and white creatures sitting on the rocks all around.
Beyond the pit stood the little wedge of people with the white flag at its apex, arrested by these phenomena, a little knot of small vertical black shapes upon the black ground.
The man was greeted with shouts of welcome from his fellows, to whom he imparted all that he knew and guessed of the actions of their master, so that the entire safari was aware of matters before Baynes, who marched close to the head of the column, was reached and acquainted with the facts and the imaginings of the black boy whom Malbihn had deserted in the clearing the night before.