"Lost profits" refers to the money a business or individual would have earned or gained, but didn't, due to a particular event or circumstance. It signifies the financial loss that occurs when anticipated profits are not realized.
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«lost»
«profits»
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Sentences with «lost profits»
- He is seeking more than $ 1 million in damages for lost profit. (telegraph.co.uk)
- This costs countless hours of productivity, which results in lost profits. (lawfirmsuites.com)
- These damages will be typically calculated on the basis of lost profits incurred as a result of the system change. (lawworks.ca)
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