Gray matter heterotopia is a neurological disorder that is characterized by the gray matter in the brain being located in the wrong part of the brain. It is associated with epilepsy and can affect higher brain functions and motor skills. Seizures are generally resistant to medication.
Lesson Summary. Economic loss is a term used to describe circumstances when an individual or an organization loses money. The term covers financial loss that can usually be seen in a balance sheet or other financial statements. While 'economic loss' includes instances a loss in income suffered by a person or a business, it excludes any cases when that loss of income is due to physical, personal injury.
For example, if a company has $100,000 in net credit sales during an accounting period and its bad debts are on average 2 percent of credit sales, the bad debt reserve is $2,000. Therefore, the profit and loss impact is a $2,000 reduction in net income for the accounting period.or example, if a company has $100,000 in net credit sales during an accounting period and its bad debts are on average 2 percent of credit sales, the bad debt reserve is $2,000. Therefore, the profit and loss impact is a $2,000 reduction in net income for the accounting period.