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English definition of “loss”


noun     /lɒs/
[C or U] a situation in which you no longer have something or have less of something, or the process that causes this: The loss of jobs in the convenience food industry seems inevitable .loss of earnings/income/pay She received compensation for loss of earnings through the illness .a loss in sth The new road will cause losses in economic value to many local properties .
[C] FINANCE, COMMERCE a situation in which a business or an organization spends more money than it earns , or loses money in another way: announce/post/report a loss (of sth) The company announced a loss of €1.3m last year . a loss in revenue big / financial / heavy losses a net / operating loss a pre-tax/after-tax lossincur/make/realize a loss In a bid to attract customers , some insurers may even be making a loss on contracts marketed to certain key buyers . a loss on an investment /a sale
[C] STOCK MARKET a situation in which the value of shares goes down: a loss in sth Gains in oil and gas were partly offset by losses in consumer products and precious metals .
[U] INSURANCE a situation in which property is damaged , lost , or stolen , and an insurance company must pay to replace it: We will cover your house contents against accidental loss or damage during the removal .
[C] a disadvantage caused by someone leaving an organization : be a loss to sb/sth It would be a great loss to the department if you left .
loss of face a situation in which someone loses the respect of other people because of something they have done: His first deal with the company had turned into a very public loss of face . → See also lose
operate, run, etc. at a loss FINANCE, COMMERCE to fail to make a profit in a business : Of the 235 large industrial projects , 46 are running at a loss. → Compare gain noun, profit noun → See also actual loss, all-loss, annual loss, capital loss, credit loss, exceptional loss, first-half loss, full-year loss, gross loss, job loss, loan loss, net loss, one-time loss, operating loss, paper loss, passive loss, quarterly loss, tax loss, trading loss, underwriting loss
(Definition of loss noun from the Cambridge Business English Dictionary © Cambridge University Press)
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