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Loss Definition, Examples & Common Uses (2 meaning)

Meaning 1:the fact of being deprived (loss)

loss 🔊
/lɒs/
n.
When something is gone and you can't get it back.
Loss of a key symbolizing deprivation and nostalgia
the fact of being deprived 🔊
/ðə fækt əv biːɪŋ dɪˈpraɪvd/
n.
Loss refers to the state or instance of no longer having something that you previously possessed, often causing sadness or regret.
📁 Category:Behaviors & Actions 🔖 Level:Intermediate

📘 Details & Usage

📖 Root Explanation
Root: Old English 'los' (destruction, ruin), from Proto-Germanic *lusą. No affixes.
💡 Mnemonic
Think of losing your 'oss' (horse in old slang) – you feel a deep loss.
📖 Example
Moving to a new city was exciting, but she felt a deep loss when she couldn't find her favorite book after packing. 🔊 Moving to a new city was exciting, but she felt a deep loss when she couldn't find her favorite book after packing.
🔗 Collocations
loss of life – the situation where people die, especially in a disaster or war
loss of appetite – a reduced desire to eat
sense of loss – the feeling of sadness after losing someone or something important
🔄 Synonyms
deprivation (n.) – the state of being without something that is needed or wanted
bereavement (n.) – the state of having lost a close relative or friend through death
forfeiture (n.) – the act of losing a right, privilege, or property as a penalty
🚫 Antonyms
gain (n.) – an increase in wealth, resources, or something desired
acquisition (n.) – the act of obtaining something, especially something valuable
find (n.) – a valuable discovery or something that has been found
🌱 Derivatives
lossless (adj.) – without any loss of data or quality
loser (n.) – a person who loses or is defeated
lost (adj.) – unable to be found or no longer possessed
📖 Cultural Story
Loss comes from Old English 'los' meaning 'destruction', from Proto-Germanic *lusą. It evolved to mean 'the fact of losing something' by the 13th century, later also used in financial contexts by the 18th century.

Meaning 2:financial deficit (loss)

loss 🔊
/lɒs/
n.
When a company spends more money than it earns, resulting in a decrease in wealth.
Financial loss shown as negative number on spreadsheet
financial deficit 🔊
/faɪˈnænʃəl ˈdɛfɪsɪt/
n.
Loss in a financial context refers to the situation where a company's expenses exceed its income, resulting in a decrease in net worth or negative profit.
📁 Category:Social Economy 🔖 Level:Advanced

📘 Details & Usage

📖 Example
The small coffee shop reported a significant financial loss this year due to rising costs and fewer customers. 🔊 The small coffee shop reported a significant financial loss this year due to rising costs and fewer customers.
🔗 Collocations
operating loss – a loss from a company's core business activities before other incomes and expenses
net loss – the total loss after all revenues, costs, and expenses are accounted for
cut one's losses – to stop investing in something that is failing to prevent further loss
🔄 Synonyms
deficit (n.) – the amount by which money spent exceeds money received
shortfall (n.) – a deficiency or lack of something expected or required
red ink (n.) – a financial loss, often shown in red on accounting statements
🚫 Antonyms
profit (n.) – the financial gain made in a business transaction
surplus (n.) – an amount of something left over when requirements are met
gain (n.) – an increase in wealth or resources
🌱 Derivatives
loss-making (adj.) – producing a financial loss
loss leader (n.) – a product sold at a loss to attract customers
loss ratio (n.) – the ratio of losses to premiums in insurance
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