actual loss Meaning in the Cambridge English Dictionary

Meaning of “actual loss” in the English Dictionary

"actual loss" in Business English

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actual lossnoun [C]

uk   us  
FINANCE, ACCOUNTING the ​money that is ​lost when something is ​sold, because it has gone down in ​value, or when ​costs and the ​effects of ​inflation are ​included: I'll ​hold at the moment, because it's too much of an ​actualloss if I ​sell now.
LAW the ​money that is ​lost or will be ​lost as a ​result of something, which can be ​calculated and clearly shown: The High Court ​sought to make the ​finaldamages reflect Mr Smith's ​actualloss.
(Definition of actual loss from the Cambridge Business English Dictionary © Cambridge University Press)
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