Net Loss
/ˌnɛt ˈlɒs/
Definitions
- (n.) The amount by which total expenses exceed total income, particularly in financial statements relevant to legal and regulatory contexts.
The company's net loss this quarter triggered an audit by regulatory authorities.
Forms
- net losses
Related terms
See also
Commentary
Net loss is a fundamental accounting term frequently scrutinized in legal disputes involving financial compliance and insolvency.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.