English Lexicon

Net loss

/ˈnɛt lɔs/
nounCEFR B2 (Upper)Top #8500 frequency
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Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    The amount by which total expenses exceed total revenues in a specific accounting period.

    "The tech startup reported a net loss of five million dollars in the third quarter."
  2. 2

    An overall reduction or deficit in quantity, value, or membership after factoring in all gains and losses.

    "Despite acquiring new clients, the firm experienced a net loss of staff over the year."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term combines 'net', derived from the Latin 'nitere' through French meaning remaining after deductions, and 'loss', from Old English 'los' denoting destruction, ruin, or the state of being lost. It emerged in commercial and financial English during the late 19th century as accounting systems standardized reporting methods for corporate profitability.

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