Meaning of “operating loss” in the English Dictionary

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"operating loss" in Business English

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operating lossnoun [ C ]

uk us ACCOUNTING

the amount by which the cost of goods sold plus operating expenses is more than a company's income in a particular period of time:

The company made an operating loss of £1.2m on turnover of £111m in the year to end of March.

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