Loss

1. Accounting.

A deficit arising from the matching of revenues and expenditure.

2.

More generally, any worsening of a position or outcome - especially a financial outcome - compared with the anticipated or expected outcome.

See also

• Accounting
• Actuarial loss
• Break-even
• Capital loss
• Consequential loss
• Deficit
• Environmental profit and loss
• Excess
• Experience gains and losses (pensions)
• Foreseeable loss
• Gain
• Income statement
• Loss absorbing capacity (LAC)
• Loss Given Default
• Loss relief (tax)
• Loss-sharing rule
• Opportunity loss
• Profit
• Profit and Loss account
• Profit and Loss reserve
• Statement of total recognised gains and losses
• Stop-loss limit
• Surplus