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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)
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