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loss of profits was vs loss of profits were

The correct phrase is "loss of profits was." In this case, "loss" is the subject of the sentence, and it is singular, so the verb "was" should also be singular to match. Using "were" would be incorrect because it is plural and does not agree with the singular subject.

Last updated: March 22, 2024 • 704 views

This phrase is correct. "Loss of profits" is a singular subject, so it should be followed by the singular verb "was."

"loss of profits was"

Use this phrase when referring to a singular loss of profits in a sentence.
  • This full compensation includes actual loss, loss of profits and interests.
  • The applicant therefore claims damages for loss of profit suffered by it for the period between June 2000 and December 2002.
  • The claimant will often argue that the aid was directly responsible for a loss of profit.
  • In any event they shall not be liable to compensate the person who uses the data for any loss of profit, loss of business, or any other indirect incidental, special or consequential damages of any kind arising from a breach of their obligations under this Regulation.
  • Moreover, a wide interpretation of the extent of damages covering loss of profit and interest is already recognised by the Court of Justice as a limit on national procedural autonomy.
  • An investor should not be able to sue for loss of profit just because environmental and social laws in Member States have progressed or because a socioecological tax reform has been introduced.
  • Contracting authorities may investigate whether any claims for damages on the basis of indirect losses such as loss of profit, loss of production, additional production costs, loss of business, etc. must also be covered by the supply agreements.
  • By virtue of the Community law requirements of equivalence and effectiveness, national rules may not exclude a Member State's liability for loss of profit.
  • We must build up the responsibility of the national parliaments and envisage reinforced cooperation in the field of economics, but it is particularly amongst the players of civil society, amongst businesses and territorial communities, that we suffer most from a loss of profit.
  • In addition to the above, SAB and the Region of Wallonia have accepted liability for all damages without limitation, including loss of profit, in case of non-fulfilment of such warranty for 20 years (according to cipher 8.c of the SAB-TNT contract).
  • Everything in terms of profits and loss.
  • An entity may present the profit or loss section in a separate statement of profit or loss.
  • The costs for veterinary controls and tests of any kind, the purchase and administration of vaccines and medicines, the costs for slaughtering stock, the costs of making good the loss of profit due to the obligations imposed under the programme will be eligible.
  • By virtue of the EEA law requirements of equivalence and effectiveness [71], national rules may not exclude an EFTA State's liability for loss of profit [72].
  • ECU 15 million have been proposed for the first year, with total expenditure of ECU 60 million over the next few years, whereas the loss of profits due to preferential tariffs is valued at ECU 50 million per year by the producers' organization.
  • A change in an accounting estimate may affect only the current period's profit or loss, or the profit or loss of both the current period and future periods.
  • order the defendant, the Council and/or the Commission, to pay damages to the applicant for loss of earnings, loss of profit and non-material damage.
  • The profit or loss of the investor includes the investor's share of the profit or loss of the investee.
  • The profit or loss of the venturer includes the venturer's share of the profit or loss of the jointly controlled entity.
  • However, if an entity allocates to reportable segments items such as tax expense (tax income), the entity may reconcile the total of the segments' measures of profit or loss to profit or loss after those items.

This phrase is incorrect. The subject "loss of profits" is singular, so it should be followed by the singular verb "was." Using "were" would be grammatically incorrect.

"loss of profits were"

  • This full compensation includes actual loss, loss of profits and interests.
  • The applicant therefore claims damages for loss of profit suffered by it for the period between June 2000 and December 2002.
  • The claimant will often argue that the aid was directly responsible for a loss of profit.
  • In any event they shall not be liable to compensate the person who uses the data for any loss of profit, loss of business, or any other indirect incidental, special or consequential damages of any kind arising from a breach of their obligations under this Regulation.
  • Moreover, a wide interpretation of the extent of damages covering loss of profit and interest is already recognised by the Court of Justice as a limit on national procedural autonomy.
  • An investor should not be able to sue for loss of profit just because environmental and social laws in Member States have progressed or because a socioecological tax reform has been introduced.
  • Contracting authorities may investigate whether any claims for damages on the basis of indirect losses such as loss of profit, loss of production, additional production costs, loss of business, etc. must also be covered by the supply agreements.
  • By virtue of the Community law requirements of equivalence and effectiveness, national rules may not exclude a Member State's liability for loss of profit.
  • We must build up the responsibility of the national parliaments and envisage reinforced cooperation in the field of economics, but it is particularly amongst the players of civil society, amongst businesses and territorial communities, that we suffer most from a loss of profit.
  • In addition to the above, SAB and the Region of Wallonia have accepted liability for all damages without limitation, including loss of profit, in case of non-fulfilment of such warranty for 20 years (according to cipher 8.c of the SAB-TNT contract).
  • Everything in terms of profits and loss.
  • An entity may present the profit or loss section in a separate statement of profit or loss.
  • The costs for veterinary controls and tests of any kind, the purchase and administration of vaccines and medicines, the costs for slaughtering stock, the costs of making good the loss of profit due to the obligations imposed under the programme will be eligible.
  • By virtue of the EEA law requirements of equivalence and effectiveness [71], national rules may not exclude an EFTA State's liability for loss of profit [72].
  • ECU 15 million have been proposed for the first year, with total expenditure of ECU 60 million over the next few years, whereas the loss of profits due to preferential tariffs is valued at ECU 50 million per year by the producers' organization.
  • A change in an accounting estimate may affect only the current period's profit or loss, or the profit or loss of both the current period and future periods.
  • order the defendant, the Council and/or the Commission, to pay damages to the applicant for loss of earnings, loss of profit and non-material damage.
  • The profit or loss of the investor includes the investor's share of the profit or loss of the investee.
  • The profit or loss of the venturer includes the venturer's share of the profit or loss of the jointly controlled entity.
  • However, if an entity allocates to reportable segments items such as tax expense (tax income), the entity may reconcile the total of the segments' measures of profit or loss to profit or loss after those items.

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