Retained Earnings

Definition

• All the profits or losses that you have accumulated from prior years and from this year's income statement, less dividends paid to you.

Synonyms
retained profits or losses, held income, accumulated profits, profits after dividends

Related Terms and Acronyms

• Account Current (AC) — Acronym, Very Important,
  • A ledger summarizing the performance of each agent employed by an insurance company.
  ➥ A monthly or yearly ledger style report provided by an insurer to an insurance agent detailing policies, premiums, commissions, cancellations, and endorsements.
• Accounts Payable (A/P, AP) — Acronym,
  • Money owed by a business for goods and services received.
• Accounts Receivable (AR, A/R) — Acronym, Important,
  • Money owed to a business by purchasers of goods and/or services.
• Balance (bal.) — Abbreviation,
  • The amount of money in your account.
• Cash Flow — Definition,
  • The money an investment produces after subtracting cash expenses from income.
• Gross Profit Margin — Definition,
  • The difference between the sales your business generates and the costs you pay out for goods.