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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 ?
Blacksmith has also been working closely with Pontefract-based Contedia, an IT company specialising in software and hardware for disaster recovery.
Formed by Charlesbank Capital Partners LLC on October 29, Blacksmith Brands seeks to acquire and rejuvenate strong brands, its executives say.
Stephen, a blacksmith for 32 years, is the 14th in his wider family to be a smith, with his father and grandfather before him working at the same 200-year-old forge.
BHA media relations manager Paul Struthers said: "Having a blacksmith at the start is mandatory for Group races and for those non-Group races on terrestrial television.
SPARKS FLYING: Award-winning Red Row blacksmith Stephen Lunn, and inset, who will be demonstrating his skills at Bede's World.
WITH their clanging tools working on red-hot metal, blacksmiths seems to belong to a different era, along with chimney sweeps, rag-and- bone traders and coachmen.
Originally there would have been two crosses on the church, but only one remains which blacksmith Sam Longhurst is using as a template.
Mathews took a job in the blacksmith shop at the Ozark Folk Center near Mountain View in 1976.
Blacksmith reports have been issued jointly with Green Cross Switzerland since 2007.
The 29-year-old Indian nurse was waiting for the lift to go up to the clinic where she works when her 37-year-old countryman blacksmith was said have come from behind and molested her in April.
Haroon Raza, a blacksmith in Aabpara, who was hammering on a burnt iron sheet to make a sharp knife, said, 'We have got a contract to deliver 10 iron sheets and 20 different kinds of knife from a butcher house at Bhara Kahu ahead of Eid.
com)-- A Benefit for the Banton-Smith Center for Blacksmith and Metal Arts at Grayhaven Winery in Gum Spring, VA: On Saturday, May 16th, the Central Virginia Blacksmith Guild in conjunction with Grayhaven Winery will be hosting a festival dedicated to blacksmithing and wine tasting.