Definition of «big financial losses»

The phrase "big financial losses" refers to a significant decrease in wealth or income, often resulting from poor investment decisions, unforeseen events such as natural disasters or economic downturns, or other factors that negatively impact an individual's or organization's finances.

Sentences with «big financial losses»

In the late 1970s, the company also made attempts to set up its own fragrance and cosmetics lines, but soon withdrew from the market with big financial losses. (businessoffashion.com)
Of course, the reason you buy any insurance coverage at all is to protect yourself from big financial losses. (travelinsurancereview.net)
«Upon discharge, patients are asked to complete a survey of questions about their hospital stay, many of which focus on their interactions with care - givers,» says Matthew J Miller, president of Brainspires Inc. «Negative experiences with hospital staff, anywhere at any time, can result in big financial losses for a hospital.» (rasmussen.edu)
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