In-the-black Definition

adjective
(accounting, idiomatic) Having positive net income; having greater income than expenses; making a profit.
Wiktionary
(accounting, idiomatic) Having positive net worth.
Wiktionary

Origin of In-the-black

  • From the standard accounting practice of using black ink, as opposed to red ink, to denote positive values, especially a net income.

    From Wiktionary

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