Loss is the state or fact of no longer having something or having less of it than before. It can refer to the disappearance, deprivation, or reduction of something valuable or important, such as loss of income, loss of life, loss of reputation, or loss of physical abilities like sight or hair
. Loss can also mean:
- The death of a person or living being (loss of life)
- A disadvantage or harm caused by losing something or someone, such as job losses or loss to a department when a person leaves
- In business and accounting, a loss occurs when expenses exceed revenue, resulting in negative financial results
- In insurance, loss refers to an event that causes damage or harm covered by a policy, leading to a claim
- In electrical engineering, loss is the power or energy lost in a system, often due to resistance or inefficiency
Overall, loss broadly encompasses the experience or condition of losing something, whether tangible or intangible, temporary or permanent
