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 ?
Like so many human factor issues, GLOC is not a simple problem.
Expensive northern route are being used because closure of ground routes from Pakistan is a problem," he said adding that the "US is incurring 100 million dollars per month additional because of closure of GLOCs from Pakistan.
The wet-wing defuel operation is another method for delivering fuel to a forward area when the GLOCs are not open for convoy operations.
With regard to our larger counterterrorism work with the government of Pakistan, we, as you know, are encouraged that the GLOCs are now open, that we are able to work well together on moving cargo," she said.
We always have considered andstill do the GLOCs via Pakistan as one option for supplies.
Hewer, of Cheltenham, Glocs also admitted having no licence and no insurance and flying the aircraft without an airworthiness certificate.
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.
We're using the NDN primarily for incoming supplies to support our operations in country, and we have been using the Pakistan GLOCs [ground lines of communication] as one of our primary routes for equipment going out of Afghanistan.
Nonetheless, payment for what are known as the Pakistani GLOCs, for Ground Lines of Communication, has been difficult for the Pentagon to swallow, because access previously was considered free.