loss

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Loss

The opposite of gain.

Loss

Extracting less money from a transaction than one put into it. For example, a business' expenses may be $1 million for a year but it may only take in $800,000 in revenue. In such a case, the business has suffered a $200,000 loss. This is not always bad; most businesses lose money in the first few years of operation and this can reduce their tax liability when they do make a profit. However, losses over an extended period of time ultimately result in failure. See also: Gain, Paper Loss, Loss Carryforward, Loss Carryback.

loss

The deficiency of the amount received as opposed to the amount invested in a transaction. Compare gain. See also net loss.

loss

the shortfall between a firm's sales revenues received from the sale of its products and the total costs incurred in producing the firm's output (see BREAK-EVEN ANALYSIS). Losses may be of a temporary nature occasioned by, for example, a downturn in demand (see BUSINESS CYCLE) or due to an exceptional level of expenditures (such as the launch of a series of new products). Short-term losses are usually financed by a firm running down its RESERVES or by an increase in borrowings. Losses which are sustained over time typically arise from a firm's poor competitive position in a market (see COMPETITIVE ADVANTAGE), and unless competitiveness can be restored market exit or DIVESTMENT may be the only practical way of remedying the situation. See MARKET SYSTEM.

loss

the difference that arises when a firm's TOTAL REVENUES are less than TOTAL COSTS. In the SHORT RUN, where firms’ total revenues are insufficient to cover VARIABLE COSTS, then they will exit from the market unless they perceive this situation as being temporary. In these circumstances, where firms’ total revenues are sufficient to cover variable costs and make some CONTRIBUTION towards FIXED COSTS, then they will continue to produce despite overall losses. In the LONG RUN, however, unless firms’ revenues are sufficient to cover both variable and fixed costs, then their overall losses will cause them to exit from the market. See MARKET EXIT, LOSS MINIMIZATION, PROFIT-AND-LOSS ACCOUNT.
References in periodicals archive ?
The AGSM is your best defense against GLOC, but the majority of GLOC events in the last 5 years resulted from an inadequate strain.
You have a limit, everyone does, and each year GLOC kills pilots and destroys aircraft as a result.
In Manchester, a gun-toting member of MI6 - one of 100 known groups there - boasts in a video: "N***ers get shot with glocs here.
The wet-wing defuel operation is another method for delivering fuel to a forward area when the GLOCs are not open for convoy operations.
The two leaders took the opportunity to review recent positive developments in the relationship including the opening of the GLOCs, the high level contacts between the two sides, the signing of MOU on the upgradation of the Peshawar Torkham road, the release of the CSF reimbursements, etc.
We have been working well with Pakistan in trying to look again at what we can do now that the GLOCs (supply lines) are open to strengthen our counter-terrorism cooperation," Dawn.
He believed the US-Pakistan relationship was getting to where it needed to be and that was why they were committed to ongoing dialogue, not just on GLOCs and terrorism, but across the full range of security issues of common interest.
The Pakistani envoy apprised the lawmaker of the recent positive developments such as the opening of the GLOCs, and discussed ways to strengthen the relationship further.
We continue to have a line of communications with the Pakistanis to try to see if we can take steps to reopen the GLOCs.
When the GLOCS is discussed in the coming days, Pakistan will apply all kinds of formulas to address its real concerns, and get a better deal from the Nato route which may have become a 'once only' option to counter the more expensive alternative 'northern route' that will isolate Pakistan even more, the editorial claims.