loss

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Loss

The opposite of gain.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

loss

The deficiency of the amount received as opposed to the amount invested in a transaction. Compare gain. See also net loss.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
"However, early clinical diagnosis and intervention does not guarantee equality in health outcomes, with language and related outcomes of children with hearing loss remaining on average well below population means and the children's true cognitive potential.
They also found that even mild hearing loss can increase the risk of this cognitive decline.
The survey's self-reported responses on conditions including hearing loss allowed valuable comparisons to be made.
In very rare cases, a Q-tip can damage the bones of hearing and/or cause a sensorineural hearing loss from the trauma of the Q-tip.
Table-I: Age and hearing loss severity (HLS) are presented as mean with + S.D and gender and hearing loss type (HLT) as ratio.
However simple adaptions such as ensuring that you are speaking slowly and clearly to people with hearing loss in a well light room, alongside utilising the UK Government's Access to Work scheme - a funding support scheme to pay for British Sign Language interpreters and adaptations in the workplace - can help deaf employees intergrate into the workplace.
All people should check their hearing from time to time, especially those who are at a higher risk of hearing loss such as people above 50 years, those working in noisy places, listening to music at high volume for long periods of time and those experiencing ear problems, he advised.
The People's Choice Award will be voted for by the public and awarded to an organisation which provides outstanding assistance to people who are deaf or have hearing loss.
"If you are deaf or have hearing loss and need some help to understand what processes to follow to apply for support, or are confused about letters you have received regarding your benefits, we would be delighted to help you make sense of it all."
* There are currently some 50,000 children with hearing loss in the UK.
Research published over the past two years has identified an underlying cause of hearing loss not routinely considered by physicians.
ISLAMABAD -- Smokers are at a greater risk of hearing loss, according to a study.