Then Ted is minimizing his losses.
What do accounting losses mean?
A loss in financial accounting is described as a decline in net income that occurs outside of regular business activities. Losses can be caused by a variety of actions, including the selling of an asset for less than its carrying value, asset write-downs, or litigation losses.
What do business losses entail?
A loss or separation from someone or something results in harm or difficulty. Her premature death caused a significant deal of harm to the neighborhood. a situation in which losing someone or something caused a profound sense of loss.
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