In the Black

In the Black – “In the Black” is a blanket term for any business venture that is considered to be profitable or successful.  One of the most prevalent times this term is used is during Black Friday.  The Friday after Thanksgiving is considered to be the beginning of the holiday shopping season and because of this, retailers are expect to finally be able to be turning a profit or be “in the black”.  This term has said to have originated from the accounting practice of marking positive profits in black ink in a ledger.