loss

Loss is defined as having something or someone leave or be taken away from you, a feeling of grief when something is gone, or a decline in money.

(noun)

An example of loss is when your parent dies.
An example of loss is when you are fired from your job.
An example of loss is what you feel when your pet dies.
An example of loss is when your company is not profitable and spends $1000 more than is made.

See loss in Webster's New World College Dictionary

noun

a losing or being lost
an instance of this
the damage, trouble, disadvantage, deprivation, etc. caused by losing something
the person, thing, or amount lost
any reduction, lessening, etc.: a loss of strength, power, etc.
any reduction of heat energy, electrical energy, etc. in a system, esp. the reduction of power, voltage, or current in a circuit due to the resistance of the components
Insurance
1. death, injury, damage, etc. that is the basis for a valid claim for indemnity under the terms of an insurance policy
2. the amount paid by the insurer on this basis
Mil.
1. the losing of military personnel in combat by death, injury, or capture
2. those lost in this way
3. ships, aircraft, etc. lost in battle

Origin: ME los < pp. of losen, lesen, to lose

See loss in American Heritage Dictionary 4

noun

The act or an instance of losing: nine losses during the football season.
a. One that is lost: wrote their flooded house off as a loss.
b. The condition of being deprived or bereaved of something or someone: mourning their loss.
c. The amount of something lost: selling at a 50 percent loss.
The harm or suffering caused by losing or being lost.
losses People lost in wartime; casualties.
Destruction: The war caused incalculable loss.
Electricity The power decrease caused by resistance in a circuit, circuit element, or device.
The amount of a claim on an insurer by an insured.