Word info

deadweight loss

Noun

Meaning

deadweight loss (countable and uncountable, plural deadweight losses)

(economics) A loss of economic efficiency due to failure to achieve a free market equilibrium.

Source: en.wiktionary.org

Examples

Deadweight loss does not account for the effect taxes have in leveling the business playing field. Source: Internet

Since S*D* goods are imported, the government gains an area of C and E. However, there is a Deadweight loss of the triangles B and D, or in Diagram 1, the triangles labeled Societal Loss. Source: Internet

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