Meaning of “gross loss” in the English Dictionary


"gross loss" in Business English

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gross lossnoun [ C ]

uk us also trading loss FINANCE

the total amount of a company’s losses from its different activities in a particular period, even if it makes a profit on some of these activities:

Today the company reported a gross loss of $17.15 bn for the second quarter.

(Definition of “gross loss” from the Cambridge Business English Dictionary © Cambridge University Press)