Meaning of “net loss” in the English Dictionary

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"net loss" in Business English

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net lossnoun [ C ]

uk us ACCOUNTING, FINANCE

the amount by which a company’s total costs are more than its total sales during a particular period:

The company posted a net loss of $43.2m for 2009, compared with a profit of $1.1m the year before.

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