also: ピーエル
Legal and business term for a manufacturer's or seller's responsibility for defective products. Often used in compounds like PL法 (product liability law) or PL保険 (product liability insurance).
See also: 製造物責任
The PL Law is an abbreviation for the Product Liability Law.
profit and loss; P&L
Business and accounting term for a statement or analysis of profits and losses. Often used in compounds like PL計算書 (profit and loss statement).
PL refers to the profit and loss statement.
This company has product liability insurance.
We checked the P&L figures at the management meeting.
Abbreviation from English: PL for 'product liability' and PL for 'profit and loss' (P&L).