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 ?
Connexin testing should be offered in all cases of bilateral hearing loss in children, as it accounts for about 50% of nonsyndromic sensorineural hearing loss.
I am a member of some panels working to help veterans deal with hearing loss without technology and new techniques you can use to tell people that you have a hearing loss.
Defective genes can also pass along traits such as hearing loss or speech and language disorders.
Modern hearing aids can be adjusted to some extent to compensate for uneven hearing loss over the range of audible frequencies, particularly when the severity of loss is minimal.
Interpersonal/relationship implications of hearing loss in persons who are older.
There is tremendous variety in the degrees of vision and hearing loss, and a great range of individual abilities and needs among this population -- estimated at more than 70,000 Americans.
Symmetrical high-tone hearing loss in both ears was present in 134 subjects.
Hearing loss may come from infections, strokes, head injuries, some medicines, tumors, other medical problems, or even too much ear wax.
As a result of those efforts, a new information management system called HearSaf 2000 was developed to access multiple levels of data relevant to occupational hearing loss prevention activities.
And through the use of digital, and a number of the signal-processing features that come along with that, we're providing a person with hearing loss the same capability, to offer dynamics of sounds that someone with normal hearing would (perceive).
Vye is the noise induced hearing loss specialist for the Ontario Workplace Safety and Insurance Board (WSIB).
In addition, the rule delays until January 1, 2004, a requirement that employers check a column for hearing loss when they enter a recordable case on the OSHA 300 form.

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