Idiom Focus: Business Idioms 37

Every Saturday I’ll give you a couple of idioms to learn. An idiom is a saying or phrase whose meaning cannot be taken from the literal meanings of the words.

at a loss: sell something below cost, so the company loses money from selling it.

Example:

We’ll have to sell the excess inventory at a loss just to get rid of it.

company town: a town or a city that is dependent on a particular company or industry for its local economy.

Example:

Detroit is an example of a company town that failed to diversify its economic base.

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