above the line

above the line

adjectiveadverb

1. used to describe entries in a company’s profit and loss accounts that appear above the line separating entries showing the origin of the funds that have contributed to the profit or loss from those that relate to its distribution. Exceptional and extraordinary items appear above the line.  Exceptional items are noted above the line in company accounts.  below the line 2. relating to revenue items in a government budget 3. relating to advertising for which payment is made (such as an ad in a magazine or a stand at a trade fair) and for which a commission is paid to an advertising agency. Compare below the line

Posted in General Business Dictionary