I'm updating a training manual and need to define loss (in the context of a business) in a simple sentence. Currently it reads as (previous author):
Loss: Loss is profit loss due to product theft, damage, or sold at the incorrect price
I'm not sold on the overall wording, thinking along the lines of:
Loss: Loss is unmade profit due to the theft, damage, or incorrect sale of a product.
- 1: I feel like 'unmade profit' isn't 100% correct English - is that the case? Or if nothing else, it feels like a stumbling block.
- 2: Incorrect sale doesn't carry with it that the product was priced incorrectly and sold at this wrong price. Yet to say "due to the theft, damage, or incorrectly marked and sale of a product" seems too lengthy to be part of the 3 facets of profit loss. Is there a single word (like theft, damage) that wraps 'incorrect price and sale of', so I can say "due to the theft, damage, ? of a product" ?