accumulated deficit

accumulated deficit
accumulated deficit UK US noun [C, usually singular] (also accumulated loss) ACCOUNTING
a loss that a company keeps in its accounts from one accounting period to the next and adds to a new loss or takes away from a profit : »

The annual accounts show the company ran up a deficit of £48,933 in the year ending December 31, taking its accumulated deficit to £76,687.

Financial and business terms. 2012.

Look at other dictionaries:

  • accumulated loss — UK US noun [C, usually singular] ACCOUNTING ► ACCUMULATED DEFICIT(Cf. ↑accumulated deficit) …   Financial and business terms

  • Deficit spending — Part of a series on Government Public finance …   Wikipedia

  • Deficit — A deficit is the amount by which a sum falls short of some reference amount. In economics, a deficit is a shortfall in revenue; in more specific cases it may refer to: Government budget deficit Deficit spending Primary deficit, the pure deficit… …   Wikipedia

  • accumulated fund — capital fund A fund held by a non profit making organization (such as a club or society) to which a surplus of income over expenditure is credited and to which any deficit is debited. The value of the accumulated funds can be calculated at any… …   Accounting dictionary

  • deficit — An excess of expenditures over revenues. Excess of liabilities and debts over income and assets. A negative balance in the earnings and profits account. Financial loss in operation of business. Something wanting, generally in the accounts of one… …   Black's law dictionary

  • deficit — 1. An alternative term for *loss. 2. A debit balance in accumulated *retained earnings in a *balance sheet. 3. A shortfall in expected *cash balances …   Auditor's dictionary

  • cumulative deficit — accumulated financial shortfall, financial shortfall which has collected over time …   English contemporary dictionary

  • Government budget deficit — This article is about government budget deficits. For trade deficits, see Balance of trade. For balance of payments deficits, see Balance of payments. Part of a series on Government Public finance …   Wikipedia

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  • Retained earnings — In accounting, retained earnings refers to the portion of net income which is retained by the corporation rather than distributed to its owners as dividends. Similarly, if the corporation makes a loss, then that loss is retained and called… …   Wikipedia

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