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 ?
US Open (Hard): Bt M-K Goellner, P Goldstein, M Tillstrom, M Safin, K Kucera, Lost P Rafter.
They have won just three and lost four of their last seven games.
But plenty of others arrive at the lost and found every day looking for their possessions.
Most of the photos that make up Lost Boys depict young men in vulnerable yet transgressive situations--sniffing another guy's underarm, standing naked at a window, being penetrated by a beer bottle--scenarios that Mogutin calls engaging and beautiful.
For metalcasting facilities looking to expand their capabilities and enter new markets, adding the lost foam process to your shop is a viable option.
Zemel admits that he doesn't know how much cheese the 11 were eating, or whether cheese had any impact on how much weight or fat they lost.
He also cited Rice's statement that LOST "does not provide for or authorize taxation of individuals or corporations" and concluded: "I cannot think of a stronger administration statement in support of the Law of the Sea Convention.
None of this takes into account, of course, the toll laptop data loss can take on the business function--the wasted time and resources in restoring or recreating lost data.
1997: (Seeded 14th) Lost in quarter final (to Michael Stich).
Backworth 3 Newcastle United 9: S Anderton lost to KC Taylor 2 and 1, L Matthewson lost to S Lee 4 and 3, R King beat G Grant 5 and 3, A Hunter lost to S Darbyshire 4 and 3, J Cockburn halved with C Alexander, J McGowan lost to R Crowe 4 and 3.
Lost to Australia by an innings and 332 runs at Brisbane in 1946/47 n Lost to West Indies by an innings and 226 runs at Lord's in 1973 Lost to Sri Lanka by an innings and 215 runs in Colombo in 2003/04 Lost to Australia by an innings and 200 runs at Melbourne in 1936/37 n Lost to West Indies by an innings and 180 runs at Edgbaston in 1984 n Lost to Australia by an innings and 180 runs at Trent Bridge in 1989 Lost to West Indies by an innings and 161 runs at Kingston in 1934/35 Lost to West Indies by an innings and 156 runs at OldTrafford in 1988 n Lost to Australia by an innings and 154 runs at Brisbane in 1954/55 Lost to Australia by an innings and 149 runs at The Oval in 1948