IN THE BLACK - być wypłacalnym, być na plusie
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The Word of the Week: |
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IN THE BLACK (idiom) / ɪn ðə blæk /
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Definition: |
Financially solvent; profitable; not in debt. |
Example: |
The group is still in the black but trading in the first two months of the year has been difficult. |
Polish Translation: |
być wypłacalnym, być na plusie |
Did you know? |
Indeed, the colour red is used in businesses to signify a loss, while black is used to indicate a profit. Therefore, a company that’s interested in making money would desire to be “in the black’ rather than be ‘in the red’. |
Check your memory: |
Assets such as buildings and machinery that are bought for long-term use in a company rather that for sale are called ________ . |
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