long-term losses

Long-term losses refer to financial setbacks or declines in value that persist over an extended period, typically exceeding a year. These can affect investments, businesses, or individual finances, often due to factors like economic downturns, poor management decisions, or industry changes. Unlike short-term losses, which might recover quickly, long-term losses indicate deeper, ongoing issues that require strategic changes or adaptations to overcome. Understanding these losses is vital for making informed financial decisions and planning for future stability.