Turn A Loss (Verb)
Meaning
Fail to make money in a business; make a loss or fail to profit; "I lost thousands of dollars on that bad investment!"; "The company turned a loss after the first year".
Classification
Verbs of buying, selling, owning.
Examples
- The new restaurant turned a loss due to high overhead costs and low customer turnout.
- After the economic downturn, many small businesses were forced to turn a loss and eventually shut down.
- The tech startup initially turned a loss but eventually found success with its innovative product.
- Although the company's sales increased last quarter, it still turned a loss due to increased marketing expenses.
- The company's expansion plans failed to materialize, causing it to turn a loss at the end of the fiscal year.