in the black
Definition from Wiktionary, a free dictionary
Contents |
[edit] English
[edit] Etymology
From the standard accounting practice of using black ink, as opposed to red ink, to denote positive values, especially a net income.
[edit] Preposition
- (accounting, idiomatic) Having positive net income; having greater income than expenses; making a profit.
[edit] Usage notes
Usually used as a comparison to total debt, not just current costs.

