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

  • Michael Kaiser — For other uses of Michael Kaiser , see Michael Kaiser (disambiguation). Kaiser at the White House for the 2009 Kennedy Center Honors Michael M. Kaiser is president of the John F. Kennedy Center for the Performing Arts in Washington, D.C. Dubbed… …   Wikipedia

  • 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


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.