- operating loss operating loss ➔ loss
* * *operating loss UK US noun [C] ACCOUNTING► the amount by which the cost of goods sold plus operating expenses is more than a company's income in a particular period of time: »
The company made an operating loss of £1.2m on turnover of £111m in the year to end of March.
Financial and business terms. 2012.
Look at other dictionaries:
operating loss — See net operating loss … Ballentine's law dictionary
operating loss — noun Negative operating income … Wiktionary
operating loss — / ɒpəreɪtɪŋ lɒs/ noun a loss made by a company in its usual business … Dictionary of banking and finance
net operating loss — see loss Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. net operating loss n … Law dictionary
Net Operating Loss - NOL — A period in which a company s allowable tax deductions are greater than its taxable income, resulting in a negative taxable income. This generally occurs when a company has incurred more expenses than revenues during the period. The net operating … Investment dictionary
net operating loss carryforwards — (NOL carryforwards) USA net operating losses (NOLs) can generally be carried back two years and carried forward up to 20 years to offset taxable income (IRC § 172). A taxpayer can make an election to waive the carryback period and use … Law dictionary
Alternative Tax Net Operating Loss - ATNOL — The excess of deductions allowed over the income recognized for alternative minimum tax (AMT) purposes. It is calculated the same way that net operating losses (NOL) are, but with additional rules covering deductions, exclusions and preferences… … Investment dictionary
net operating loss — (= NOL) (see tax loss carry forward) (Common Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 … Glossary of Bankruptcy
net operating loss — The excess of operating expenses over revenues. Items such as interest expenses and dividends are not considered ordinary business expenses, and, therefore are excluded in calculating the net operating loss. I.R.C. No. 172(c) … Black's law dictionary
Net operating loss — Under U.S. Federal income tax law, a net operating loss (NOL) occurs when certain tax deductible expenses exceed taxable revenues for a taxable year. If a taxpayer is taxed during profitable periods without receiving any tax relief (e.g. a… … Wikipedia