Meaning of the word loss in English

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

loss

US /lɑːs/
UK /lɑːs/
"loss" picture

Noun

1.

the fact or process of losing something or someone

Example:
The company reported a significant financial loss this quarter.
Her sudden loss was a shock to everyone.
2.

an amount of money lost by a business or organization

Example:
The company aims to cut its losses next year.
Despite the high sales, they still made a net loss.
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