What is a loss?

Updated: 4/28/2022
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Wiki User

6y ago

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If you are referring to a business, or person; a loss year would be a year in which they have lost monetary value.

E.G. A company on the 1st of June 2011 is worth $320,000,000. At the beginning of June 2012, they are only worth $260,000,000. This may be due to a difficult market during the year, faulty management, or a lack of customers.

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Danika Abbott

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2y ago
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Q: What is a loss?
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