responsible for its profit and losses (of organization)
financially autonomous
personal financial responsibility
Definitions (粵典–words.hk)
動詞
財務上完全獨立,自己負擔盈利或虧蝕,而唔依賴其他外來嘅援助 responsibility for one's own profits and losses
呢間公司自從私有化之後,就要自負盈虧,炒咗好多冗員。
呢间公司自从私有化之后,就要自负盈亏,炒咗好多冗员。
ni1 gaan1 gung1 si1 zi6 cung4 si1 jau5 faa3 zi1 hau6, zau6 jiu3 zi6 fu6 jing4 kwai1, caau2 zo2 hou2 do1 jung2 jyun4. This company has been trimming a lot of fat after the privatization that brings itself to bear its own cost.
Definitions (Wiktionary)
phrase, idiomatic
to assume sole responsibility for profits and losses (of an enterprise etc.)