Operating Loss - OL

See: Net Operating Loss - NOL.

You collected only $82 million in revenues, with expenses of $99 million, so you lost $17 million. Keep up this pace and you're bankrupt...soon.

Operating losses are just losses you've made from running the basic operations of your business. They don't (usually) include things like dividend obligations or interest payments or taxes (and you wouldn't have meaningful taxes if you were running at a loss anyway).

Find other enlightening terms in Shmoop Finance Genius Bar(f)