Loss

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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
Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Loss&oldid=51750’
Categories:
  • Accounting, tax and regulation
  • The business context
  • Identify and assess risks
  • Manage risks
  • Risk frameworks
  • Risk reporting

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