financial loss

Definitions of financial loss
  1. noun
    loss of money or decrease in financial value
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    default, nonpayment, nonremittal
    loss resulting from failure of a debt to be paid
    capital loss
    the amount by which the purchase price of an asset exceeds the selling price; the loss is realized when the asset is sold
    depreciation, wear and tear
    decrease in value of an asset due to obsolescence or use
    losings, losses
    something lost (especially money lost at gambling)
    nonpayment of a debt when due
    straight-line method, straight-line method of depreciation
    (accounting) a method of calculating depreciation by taking an equal amount of the asset's cost as an expense for each year of the asset's useful life
    write-down, write-off
    (accounting) reduction in the book value of an asset
    type of:
    something that is lost
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