Posted by Smokey Stover on June 02, 2006
In Reply to: "bottom line" posted by Bob on June 02, 2006
: : Does the term "bottom line" have some sort of financial implication?
: Yes. From dictionary.com:
: bottom line
: The line in a financial statement that shows net income or loss.
: The final result or statement; upshot: "The bottom line, however, is that he has escaped" (David Wise).
: The main or essential point: "A lot can happen between now and December, but the bottom linefor nowis that the city is still heading toward default"
And it was also defined earlier on this page under the rubric "hold your horses," although you could scarcely have known that. SS