Looking up...
After cutting costs, the company ended the quarter in the black.
After reducing expenses, the company reported a profit for the quarter.
having a positive balance; financially profitable or out of debt.
The startup finally turned in the black after two years of losses.
The startup became profitable after two years of operating at a loss.
Thanks to strong sales, we expect to be in the black by December.
Due to high revenue, we anticipate reporting a profit by December.
Often used in accounting and financial reporting to indicate profitability.
'In the black' means profitable, while 'in the red' means unprofitable or in debt. Remember: black ink traditionally represents positive numbers in accounting.
This phrase is specific to finance and business. Using it elsewhere (e.g., 'She was in the black mood') is incorrect and may cause confusion.
The phrase originates from accounting practices where positive balances were traditionally recorded in black ink on ledger sheets, while negative balances (losses) were written in red ink. This visual distinction led to the idiomatic use of 'in the black' to mean financially healthy.
Primarily used in business and financial contexts. Avoid using it in non-financial contexts, as it may confuse listeners.