Definition of Loss:
Accounting: (1) cost that produces no benefit, (2) decrease in value, (3) excess of expenditure over income, (4) excess of cost over the net proceeds from a transaction.
The fact or process of losing something or someone.
Insurance: (1) reduction in the value of an insured property due to an insured peril, (2) amount sought in an insurance claim, or (3) amount paid under an insurance contract.
General: Unrecoverable and usually unanticipated and non-recurring removal of, or decrease in, an asset or resource.
Synonyms of Loss
Mislaying, Misplacement, Dropping, Forgetting, Overlooking, Ablation, Annihilation, Attrition, Bankruptcy, Bereavement, Breakage, Breakdown, Collapse, Confusion, Consumption, Corrosion, Crack-up, Crippling, Damage, Death, Decrement, Defeat, Deliquescence, Demise, Denial, Depletion, Deprivation, Deprivement, Destruction, Detriment, Devastation, Dilapidation, Diminution, Disablement, Disadvantage, Disappearance, Disappointment, Dispossession, Disrepair, Dissipation, Dissolution, Divestment, Downfall, Drawback, Drubbing, Dying, Encroachment, Erosion, Exhaustion, Extermination, Extinction, Failure, Forfeit, Forfeiture, Handicap, Harm, Havoc, Hobbling, Hurt, Hurting, Impairment, Impoverishment, Incapacitation, Infringement, Injury, Inroad, Liability, Losing, Losings, Loss of ground, Losses, Maiming, Mayhem, Mischief, Mislaying, Misplacement, Misplacing, Mutilation, Passing, Prejudice, Privation, Reduction, Ruin, Ruination, Ruinousness, Sabotage, Sacrifice, Scathe, Shrinkage, Sickening, Spoiling, Squandering, Step backward, Trouncing, Wastage, Waste, Wasting, Weakening, Wear and tear
How to use Loss in a sentence?
- Avoiding loss of time.
- Following a series of unfortunate events -- including an earthquake, stock market scandal, high profile embezzlement and widespread product recall -- the company suffered a devastating financial loss from which it might never recover.
- The man struggled at air hockey and suffered a loss every game he played because he lacked a technique and the ability to hit the puck hard.
- I decided to generate the profit and loss statement for our company to straightforwardly and directly express the financial health of our company to the boss.
Meaning of Loss & Loss Definition