(さそん)

さそん
noun
loss on difference; exchange loss; trading loss
formalbusinessfinance
1. loss arising from a price or rate difference; exchange loss
An accounting term for a loss that arises from the difference between purchase and sale prices or between exchange rates at different times. Most often appears in compounds such as 為替(かわせ)差損(さそん) (foreign exchange loss).
為替(かわせ)差損(さそん)()
We incurred a foreign-exchange loss.
We booked a large exchange loss due to the strong yen.
Export companies suffered large foreign-exchange losses due to the sudden appreciation of the yen.

Compound of () (difference) + (そん) (loss). Used almost exclusively in business and accounting contexts.

Common collocations

Similar words

  • 差益(さえき): gain on difference — its opposite, profit from a favorable rate or price change
  • 損失(そんしつ): loss — general term for any kind of financial loss

Related Words