loss
/lɒs/the act of losing something or someone
The company suffered a significant loss in revenue last quarter.
This refers to a financial loss, where the company earned less money than expected.
Loss can be physical, emotional, or financial.
a decrease in value or quantity
The stock market experienced a loss of 5% due to economic uncertainty.
This indicates a decline in the overall value of stocks.
In finance, loss often refers to a reduction in monetary value.
the failure to win or succeed in a competition or endeavor
The team accepted their loss gracefully after the final match.
This refers to losing a game or competition.
Loss in this context is often associated with sports or contests.
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💡Pro Tip
Context Matters
The meaning of 'loss' can vary greatly depending on the context. Pay attention to whether it's used in a financial, emotional, or competitive setting.
⚡Gold Rule
Avoid Overgeneralization
Do not assume 'loss' always refers to a negative outcome. In some contexts, it can be neutral or even positive (e.g., losing weight).
📖Word Origin
From Middle English 'los', from Old English 'los', meaning 'destruction, ruin, loss'. Related to Old Norse 'los' (destruction) and Old High German 'lōz' (destruction).
📝Usage Notes
Loss can refer to both tangible and intangible things, such as money, possessions, relationships, or opportunities. It is often used in contexts involving grief, failure, or financial setbacks.