Loss (l&obreve;s; 115),
n. [AS. los loss, losing, fr. leósan to lose. √127. See Lose, v. t.]
1.
The act of losing; failure; destruction; privation; as, the loss of property; loss of money by gaming; loss of health or
reputation.
Assured loss before the match be played.
Shak. 2. The state of losing or having lost; the privation, defect, misfortune, harm, etc., which ensues from losing.
Though thou repent, yet I
have still the loss.
Shak. 3. That which is lost
or from which one has
parted; waste; -- opposed to gain or increase; as, the loss of liquor by leakage was considerable.
4.
The state of being lost
or destroyed; especially,
the wreck or foundering of a
ship or other vessel.
5. Failure to gain or win; as, loss of a race or battle.
6. Failure to use advantageously; as, loss of time.
7. (Mil.) Killed, wounded, and captured persons, or captured property.
8. (Insurance) Destruction or diminution of value, if brought about in a manner provided for in the insurance contract (as destruction by fire or wreck, damage by water or smoke), or the
death or injury of an
insured person; also, the sum paid
or payable therefor; as, the losses of the company this year amount to a million of dollars.
To bear a loss, to make a loss good; also, to sustain a loss without sinking under it. -- To be at a loss, to be in a state of uncertainty.
Syn. -- Privation; detriment; injury; damage.