The Opposite(Antonym) of “profits”
The antonyms of profits are losses and deficits. The antonyms losses and deficits convey a negative financial state. It implies a lack of profit, revenue, or income.
Explore all Antonyms of “profits”
- losses
- deficits
Definitions and Examples of losses, deficits
Learn when and how to use these words with these examples!
losses
The amount by which the cost of goods or services exceeds their selling price; the opposite of profit.
Example
The company suffered losses due to the pandemic and had to lay off some employees.
deficits
A shortage or inadequacy in the amount needed or expected; the opposite of surplus.
Example
The government had to increase taxes to cover the deficits in the budget.
Key Differences: losses vs deficits
- 1Losses refer to the amount by which the cost of goods or services exceeds their selling price, while deficits refer to a shortage or inadequacy in the amount needed or expected.
- 2Losses are a complementary antonym to profits, while deficits are a gradable antonym to surplus.
Effective Usage of losses, deficits
- 1Business: Use losses and deficits to describe a negative financial state.
- 2Politics: Utilize deficits to discuss budget shortfalls and financial policy.
- 3Economics: Incorporate these antonyms to explain the concepts of profit and loss, surplus and deficit.
Remember this!
The antonyms of profits are losses and deficits. Use losses to describe a negative financial state where the cost of goods or services exceeds their selling price. Use deficits to describe a shortage or inadequacy in the amount needed or expected. These antonyms can be used in business, politics, and economics to explain the concepts of profit and loss, surplus and deficit.