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 ?
Earlier, VTB's board member Yekaterina Petelina said that Bank of Moscow would close 70 of its unprofitable offices by mid-2012.
5 million in funds from major shareholders, as well as close 43 unprofitable stores.
We're not qualified as real business managers unless we can say 'no' to those in power,'' Inamori said in a speech in Tokyo, noting that JAL opened routes, though unprofitable, in the past under pressure from politicians and bureaucrats.
He offers a systematic way to analyze profitability to determine which parts of a business are worth expanding and which represent an Unprofitable swamp.
Some 20 years ago Byrnes (management, MIT) discovered some significant facts about modern businesses: approximately 40 percent of every company is unprofitable by any measure, 20 to 30 percent provides the reportable earnings, and the rest of the company is only marginal--a pattern he has found in even the highest-performing firms in business.
First Quench hopes to reduce the size of rental payments for unprofitable stores or to pay monthly rather than every three months.
Further evidence of the spreading effects of the housing situation is the growing number of unprofitable institutions.
The holding company has decided to realign its department stores by closing some unprofitable ones to achieve the target, the sources said.
The Post Office was made unprofitable by the EU allowing state-subsidised continental post offices, such as DHL and TNT, to cherrypick the profitable parts, leaving Royal Mail with unprofitable rural services.
Grampian Country Food Group is reviewing its unprofitable chicken processing business at Attleborough in Norfolk.
The head of Air France-KLM has resigned from the board of Alitalia, allowing the French airline to keep its options open on a possible bid for the unprofitable Italian flag carrier.
Norwich Union admitted it was prepared to lose business after experts warned competition from the internet was making the industry unprofitable.