Under-recovery
Fundamental analysisThe shortfall when a fuel such as LPG is sold below its cost at a controlled price.
In plain terms
A loss the government may or may not compensate; its size depends on crude prices and policy.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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The shortfall when a fuel such as LPG is sold below its cost at a controlled price.
A loss the government may or may not compensate; its size depends on crude prices and policy.