lossloss /lɒslɒːs/ noun1[countableC, uncountableU] the fact of no longer having something that you used to have, or having less of itloss of earnings through illness
→ job loss2[countableC]FINANCE when a business spends more money than it receives in a particular period of time, or loses money in some other wayThe toy company blamed the losses on poor retail sales.
The companymade a loss of £670,000 last year.
British banks hit by heavy losses on bad loans
There’s no reason for us to operate at a loss.
3ACCOUNTING book/incur/post/take a loss to lose money and make a record of this in the accountsThe unit posted losses for the past two years, hurt by the economic slump.
→ actual loss → after-tax loss → annual loss → capital loss → credit loss → exceptional loss → first-half loss → full-year loss → gross loss → loan loss → net loss → one-time loss → operating loss → paper loss → passive loss → pre-tax loss → quarterly loss → tax loss → trading loss → underwriting loss → actual total loss → consequential loss → constructive total loss → fire loss → general average loss → indirect loss → partial loss5[countableC, uncountableU]LAW when a person or organization suffers or loses money because of the mistakes or NEGLIGENCE of another