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Any earnings are either kept to offset future losses or returned to members of the cooperative.
In addition, Ms. Allen might not be able to fatten her workers' stipends enough to offset future increases in premiums.
Emphasising risk-informed urban development now has the potential to offset future losses and protect lives and resources.
The company also booked a $514.2 million tax valuation allowance that it can use to offset future profits.
America's tax code allows losses amassed during the meltdown (with some restrictions) to be used to offset future tax bills.
Because losses can be carried forward to offset future taxes, lossmakers will haunt Mr Osborne even when the economy rebounds.
Similar(16)
Sequestration of carbon (C) in forests has the potential to mitigate the effects of climate change by offsetting future emissions of greenhouse gases.
It's why the Obama administration talks about offsetting future expenditures with new taxes.
When a business can't use up its losses by carrying them back, it carries them forward instead, offsetting future taxable profits.
Most futures contracts acquired for hedging purposes are liquidated by offsetting futures contracts prior to their respective call dates.
Those losses could be used to offset any future taxable gains made by the company.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com