Unprofitable


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Unprofitable

Describing a company or investment that consistently loses money. Very often, one cuts one's losses with respect to an unprofitable instrument; failure to do so may lead to bankruptcy.
References in classic literature ?
Two or three times, may be, you will succeed, but if you trouble them further, it will not avail you, and all your talk will be in vain, and your word-play unprofitable.
Our greatest misfortune as to our stock was that it was all in money, which every one knows is an unprofitable cargo to be carried to the plantations.
Fagin will make something of you, though, or you'll be the first he ever had that turned out unprofitable.
6 percent of banks were unprofitable, which was the lowest percentage of unprofitable institutions since the second quarter of 2005.
Oversea-Chinese Banking Corp (OCBC) has announced a plan to revitalise its Chinese banking operation which has remained unprofitable.
The very nature of healthcare makes it unprofitable in a civilised society, as the most seriously ill are also the most vulnerable and desperate, needing expensive care and yet unable to earn money while being so ill.
Sir Richard Branson's loss-making airline is dropping unprofitable services to Mumbai, Tokyo, Vancouver and Cape Town in a bid to make money again by the end of this year.
Enterprises in processing industry have reportedly accounted for 43% of the overall number of unprofitable enterprises in the country, construction sector - 32.
5 billion) for the fiscal year through March due to restructuring costs and slumping sales, but predicted a return to the black this year as it prunes unprofitable businesses.
But the new owner, who bought 388 stores out of adminstration, saving 6,000 jobs, is now in talks with landlords in an attempt to reopen some of the unprofitable stores that were not part of the deal.
Summary: Roadside cafe chain Little Chef is to close nearly 70 unprofitable restaurants in a move which it is estimated will cost 500-600 jobs.
The company, which has 195 sites after closing a number of unprofitable stores, said like-for-like sales increased 5% in the four weeks to Boxing Day, albeit against a weak performance the previous year.