Meaning of the word "make a loss" in English

What does "make a loss" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

make a loss

US /meɪk ə lɔs/
UK /meɪk ə lɒs/

Phrase

to lose money in a business or financial transaction

Example:
The company is expected to make a loss this quarter.
We had to sell the old equipment at a discount, so we made a loss on it.