Future losses definition
Future losses means reserves for claims incurred but not reported.
Examples of Future losses in a sentence
Future losses are possible and there is no assurance that the Company's operations will become profitable.
Future losses are likely to occur before the General Partner’s operations will become profitable, and there is no assurance that the General Partner’s operations will ever attain profitability.
Future losses are anticipated and the Company's operations, even if successful, may not result in cash flow sufficient to finance the continued expansion of its business.