Net Operating Loss

Definition

• A net loss for the tax year attributable to business or casualty losses. Taxpayers may use an excess loss of one year as a deduction for certain past or future years.

Synonyms
operating loss, net loss

Acronyms
NOL

Related Terms and Acronyms

• Gross Profit Margin — Definition,
  • The difference between the sales your business generates and the costs you pay out for goods.
• Loss — Definition,
  • When expenses are larger than revenues.
• Net Operating Loss Carryover (NOLCO) — Acronym,
• Net Operating Loss Deduction (NOLD) — Acronym,
• Operating Cash Flow (OCF) — Acronym,
  • The money a company generates from its business operations. This revenue excludes costs from certain investments.
• Operating Loan — Definition,
  • A loan intended for short-term financing, supplying cash flow support or to cover day-to-day operating expenses.
• Operational Expenses (OpEx) — Abbreviation,
  • Costs accruing from a business's business operations.
• Profit — Definition,
  • When revenues exceed expenses.
• Solvency — Definition,
  • To be able to meet one's financial liabilities in the short or long term.