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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