GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

How often this word is used
 
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50% - Moderately

Loss


Synonyms:financial loss, lose money
Filed Under: financial-banking, investments
Tags: banking, investment
 

Definition of loss

loss
1. The money a business losses when their earnings or revenues are less than their expenses.

Related Terms and Acronyms:

  • accounting period (AP)   The time period used in a set of accounting books or financial statements, often 12 months.
  • net operating loss (NOL)   A net loss for the tax year because of business or casualty losses. Taxpayers may use an excess loss of one year as a deduction for certain past or future years.
  • operating cash flow (OCF)   The money a company generates from its business operations. This revenue excludes costs from certain investments.
  • other income/expenses   Any income or expenses earned or disbursed by a business that are not clearly associated to its core operations.
  • profit   When revenues exceed expenses.
  • protected cell company (SPC)   A company that separates its assets and liabilities into a number of 'cells' to shield itself and each 'cell' from losses.
  • recognized gain or loss   The amount of gain or loss reported for income tax purposes. You may be able to defer recognizing gain or loss on certain property exchanges, such as like-kind exchanges.
  • revenue   Money earned by a company from its business activities.
  • solvency   To be able to meet one's financial liabilities in the short or long term.
  • stock insurance company   An insurance company with multiple stockholders each owning shares in the corporation.

More Related Terms and Acronyms

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