Meaning of the word "lose out" in English

What does "lose out" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

lose out

US /luːz aʊt/
UK /luːz aʊt/
"lose out" picture

Phrasal Verb

1.

to be at a disadvantage; to not get something good or to suffer a loss because of something

Example:
If you don't invest now, you might lose out on future profits.
Smaller businesses often lose out to larger corporations.
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