Monday, May 6, 2013

Do losses increase or widen?

Profits remain steady, increase or decrease. Adjectives can be used to describe its pace of change dependent on, well, the pace of change. It can be a slow, steady rise, a sharp surge, or even a gentle, soft curve on the charts or even a point where there is no profit or no loss.

Losses, whether slow or quick, can be traumatic for any business, and one just has some or heavy losses but these are subjective. They can be big or small.

But have you heard of 'wide losses'? If you haven't, then read this headline in the Business Standard of May 7, 2013: Adani Power's losses widen to Rs 586 crore in Q4.

Of course, losses can increase too, that is, what was a loss in revenue or profits yesterday could be have some more added to it  today, thus increasing it.

"Wide loss(es)" is, however, not entirely wrong, provided it is properly used to describe something else. For instance, If every other scrip or a a sector on the stock market slide on a given day, then it is indeed a 'wide loss'. Not otherwise.

A good example of the use of 'wide loss' is in Financial Times, (February 4, 2013) which can be read here.It would suffice to read the headline and the first paragraph where losses in all major 10 sectors were reported.