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 periodicals archive ?
In recent years, Badger has increased its focused on improved pricing sophistication in personal lines and the run-off of unprofitable business in commercial lines.
Since late 2015, the carrier, hit with a financial crisis, has suspended other unprofitable routes a it reassigned routes to Hiroshima, Takamatsu and Shizuoka to its budget unit, Air Seoul, and halted flights to Vladivostok, Bali and Yangon.
For mining to be broadly unprofitable, the price of bitcoin would need to collapse significantly more than it already has.
But afterwards, during a press conference the ambassador warned that if Japanese firms become unprofitable due to bad Brexit deals, they will leave the UK.
Commenting at the time Dave Lewis, Tesco chief executive, said: "In January I announced that our performance as a business has fallen significantly short of where we would want it to be and that to protect the future of the business in the UK we would close 43 unprofitable stores.
NYDFS said "Thus, instead of employing Last Look as a purely defensive measure, Barclays instead used it as a general filter to reject customer orders that Barclays predicted, based on price movements during the hold period, would be unprofitable to the bank".
The restructuring has resulted in the closing of unprofitable subsidiaries in the saturated markets of China and Korea, and non-operating companies in Hungary and Cyprus, which do not add value to the company's core activities, it added.
The restructuring has resulted in the closing of unprofitable subsidiaries in the saturated markets of China and Korea and non-operating companies in Hungary and Cyprus, which do not add value to core activities.
The bank, considered to be Southeast Asia's second-largest lender, is looking to remodel its unprofitable consumer-banking unit in China and focus on corporate banking.
Tesco chief executive Dave Lewis said: "In January I announced that our performance as a business has fallen significantly short of where we would want it to be and that to protect the future of the business in the UK we would close 43 unprofitable stores.
And in our culture of self-esteem and affirmation, it is unflattering to think of ourselves as "unprofitable" servants who do only what we are obliged to do.
It said the unprofitable routes it is closing may have been viable if passengers on those flights had been able to connect to other services was ditched this week by UK airport planners.