Glossary
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Click one of the letters above to advance the page to terms beginning with that letter.
- Loss
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Excess of EXPENDITURES over REVENUE for a period or activity. Also, for tax purposes, an excess of basis over the amount realized in a transaction.
See also: Bottom Line, Expenditure, Long-Term Loss, Loss on Disposal of Plant and Equipment, Net Income, Revenues, Selling, General, and Administrative (SG&A) Expenses, Short-Term Gain or Loss, Speculation, Tax Basis, Unamortized Bond Discount, Unrealized Loss or Gain on Long-Term Investments, Unrealized Profit (or Loss), With Recourse, Without Recourse, Write Off
