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Term of the Day
net operating loss
Net Operating Income
Job Creation and Worker Assistance Act of 2002 (JCWAA)
Definition
When
expenses
outweigh reported
income
for that year.
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Popular 'Accounting' Terms
current ratio
equity
working capital
asset
EBITDA
revenue
net income
negotiable
net profit
net worth
Related Terms
Job Creation and Worker Assistance Act of 2002 (JCWAA)
Mentioned in these terms
net operating loss carry backs
net operating loss carry forwards
net operating loss deduction
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