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English definition of “first-half loss”

first-half loss

noun [C]    
ACCOUNTING, FINANCE a company's loss calculated for the first half of its financial year : The drug company announced on Monday that it is likely to make a greater than expected first-half loss .announce/post/report first-half losses The communications group announced first-half losses of £14.6m.
(Definition of first-half loss noun from the Cambridge Business English Dictionary © Cambridge University Press)
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