actual loss

Definition of "actual loss"
  1. The genuine monetary harm, measured in dollars and cents, that someone experiences or is expected to experience due to an action or occurrence
How to use "actual loss" in a sentence
  1. The company had to compensate for the actual loss caused by the unfulfilled contract.
  2. Due to the fraud, the investor faced an actual loss, resulting in a substantial reduction in their total assets.
  3. The car accident led to an actual loss, covering the cost of vehicle repairs and medical bills.

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