financial loss
Money going out
Financial loss is a decrease in money, assets, or value—the opposite of profit or gain.
The term appears in accounting, insurance, and legal contexts: The company reported a financial loss of $2 million last quarter.
Insurance policies cover various types of financial loss, from property damage to business interruption.
A financial loss may be realized (actually incurred) or unrealized (existing only on paper until assets are sold).
- write-offsCancelled debts or expenses
- legal penaltiesPunishments imposed by courts
- reputational damageHarm to public standing
- negligenceFailure to exercise care
- bankruptcyLegal status when insolvent
going under · sunk costs · fraud · bad debt · deficit · red ink · in the hole · market volatility · margin call · debt · insolvency · wipeout · taking a bath · inflation · fire sale · layoffs · opportunity cost · currency devaluation
- wake-up callsalarm, alarm clock, morning call, rooster crow, snooze alarm
- tort lawtort, tort law, negligence, duty of care, breach of duty
- Jewish Tortstorts, tort law, property damage, bodily harm, personal injury
- liability insuranceliability insurance, liability coverage, general liability, personal liability, professional liability
financial lossprofitability
Capacity to generate gain
in the black · surplus · solvency · prosperity · financial health
financial lossprofit
Gain exceeding expenditure
net profit · profitability · capital gain · investment return · surplus