LOSS

[noun] [U]Loss is the the fact of not having something any more.Many parents feel a sense of loss when their children leave home.They never got over the loss of their son (= his death).Loss is also the process of losing something.He suffered a gradual loss of memory.A loss is also an act of losing something.All the parties are now reflecting on their gains and losses in the election.A loss can also be the act of stopping employing someone because of no longer being able to afford to pay them, or because there is no work for them to do.There will be substantial job losses if the factory closes down.Loss of life is a number of people dying.The plane crashed with serious loss of life.In business, a loss is when you spend more money than you earn.The company announced a pre-tax loss of three million pounds.If you are at a loss, you do not know what to do.I'm at a loss to know how I can help you.A loss adjuster is a person who works for an insurance company and decides how much money should be paid out in each case of something having been damaged or lost.A loss leader is an article that is sold cheaply in order to attract the public and make them buy other, more expensive things.(saying) 'One man's loss is another man's gain'.