Definition, Meaning & Synonyms
lose-money
verb
/luːz ˈmʌni/
Definition
To incur a financial loss or to have money that is no longer possessed.
Examples
- The business began to lose money after the market crash.
- If you invest recklessly, you might lose money quickly.
- Many startups lose money in their initial years before turning a profit.
Meaning
In a financial context, losing money refers to situations where expenses exceed earnings, resulting in a reduction of one’s monetary assets.
Synonyms
- forfeit money
- incur losses
- suffer financial loss
