English Lexicon

Net loss

/nɛt lɒs/
nounCEFR B2 (Upper)Top #4500 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 Middle French 'net' (meaning clean, clear, or remaining after deductions) tracing back to Latin 'nitidus', with 'loss', derived from Old English 'los' meaning destruction, ruin, or losing. Together, the compound phrase emerged in modern commercial accounting during the 19th century to denote the final deficit remaining after all expenses are subtracted from total revenues.

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