10 November 2022
is loss the reduction in whatever we have or does it include the gains that we give up while choosing among different alternatives in business for eg investing in shares instead of investing in fd that could have earned more
10 November 2022
The value of a lost chance or a potential profit that was not realized because a course of action was taken that did not permit the investor to obtain that profit. It's unrealised profit hence not accounted
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