loss

US /lɑːs/

UK /lɑːs/

1.

the fact or process of losing something or someone

:

•

The company reported a significant financial loss this quarter.

•

Her sudden loss was a shock to everyone.

:

deprivation forfeiture dispossession

:

gain profit acquisition

2.

an amount of money lost by a business or organization

:

•

The company aims to cut its losses next year.

•

Despite the high sales, they still made a net loss.

:

deficit debt red ink

:

profit gain revenue

:

net loss capital loss dead loss loss of face cut your losses