A loss for a business that is not directly related to the firm's operation or activities that do not relate to the company itself. An example of this would be an employee strike or damage caused by weather.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser