Definition, Meaning & Synonyms
absorb-a-loss
verb phrase
/əbˈzɔːrb ə lɔs/
Definition
To endure or take in a financial loss without passing it onto others.
Examples
- The company decided to absorb-a-loss this quarter rather than raise its prices.
- In tough economic times, many businesses have to find ways to absorb-a-loss to stay afloat.
Meaning
Absorb-a-loss refers to the ability of a business or individual to handle a loss without transferring that burden to someone else, such as customers or partners. This concept is often seen in financial contexts, such as in investments or business operations.
Synonyms
- bear a loss
- take a hit
- sustain a loss