Definition of Net loss:
This strategy, however, is only short-term, as a company without profits will not survive in the long-term.
Amount by which total of costs and expenses exceeds total revenue in an accounting period.
A net loss is when expenses exceed the income or total revenue produced for a given period of time. It is sometimes called a net operating loss (NOL). Businesses that have a net loss don't necessarily go bankrupt because they may opt to use their retained earnings or loans to stay afloat.
How to use Net loss in a sentence?
- Our net loss this year is in the thousands, we need to come up with new marketing techniques if we are to save the bussines.
- Companies must report their net profits or net losses on their income statements.
- Net loss, sometimes called a net operating loss (NOL), is when expenses exceed the income or total revenue produced for a given time period.
- Sometimes you just have to give up on a project before you get to deep and just consider it a net loss .
- I wondered what the net loss would be if we did not finish what we started and did something else that failed.
- Many factors can contribute to a net loss including low revenues, strong competition, unsuccessful marketing campaigns, and increased cost of goods sold (COGS). .
Meaning of Net loss & Net loss Definition