Gross Loss

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
GL
Pronunciation
/groʊs lɔs/
Category
Business
Related Field
Accounting

Examples in Context

  1. The aggregate amount of costs incurred and aggregate gross profits ( or loss ) acknowledged for each contract;
  2. Further more, compared with consideration of gross profit and opportunity loss, the consideration of cost plays a greater role in the affection of the final results.
  3. Results from this research suggest that gross nitrification is more responsible for the nitrogen loss from soils as compared with denitrification.
  4. Agricultural economists at the University of Illinois estimate the drought will trigger this year gross liabilities of roughly $ 30bn, with an underwriting loss of $ 18bn.
  5. In the transmission of information, that fraction of the gross information content of a message that can be eliminated without loss of essential information.

Other meanings of GL