The phrase "steep losses" means that a significant amount of something, such as money or value, has been lost in a short period of time. Full definition
Plus, institutional investors were using «portfolio insurance,» a computerized trading order that was meant to protect them from steep losses by selling at specified prices. (grow.acorns.com)
But they clearly meet our second condition by reducing the risk of steep losses: high - quality government bonds offer significant protection during a market downturn. (moneysense.ca)
Not solely that, however steep losses has pushed market consolidation, whereas the sector has seen acquisitions of cryptocurrency exchanges from main organisations. (cryptonewsguru.com)