{v.} To fail to win; miss first place in a contest; lose to a rival. * /John lost out in the rivalry for Mary's hand in marriage./ * /Fred didn't want to lose out to the other salesman./ Compare: MISS OUT. Contrast: WIN OUT.
LOSE OUT
Meaning of LOSE OUT in English
Slang English vocab. Английский сленговый словарь. 2012