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Home > QFINANCE Dictionary > Definition of abnormal loss

Definition of

abnormal loss


loss exceeding normal allowance any loss which exceeds the normal loss allowance. Abnormal losses are generally accounted for as though they were completed products.

Definitions of ’abnormal loss’ and meaning of ’abnormal loss’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’abnormal loss’ and other financial terms with our online QFINANCE Financial Dictionary.

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