An expense is a cost incurred in the process of ... it is considered to be a (capital) gain. Conversely, a loss is realized whenever a company loses money through secondary activity.

India's Mahindra Logistics reported a seventh straight quarterly loss on Monday, hurt by higher freight and warehousing costs.

"Loss of use coverage" can help homeowners and renters cover certain living expenses if their home was damaged in a natural ...

The combined ratio is calculated by adding the loss ratio and expense ratio. The former is calculated by dividing the incurred losses, including the loss adjustment expense, by earned premiums.