gross loss Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

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 ​totalamount 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 ​companyreported a ​grossloss of $17.15 bn for the second ​quarter.
(Definition of gross loss from the Cambridge Business English Dictionary © Cambridge University Press)
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