loss

noun
\ˈlȯs \

Definition of loss 

1 : destruction, ruin to save the world from utter loss— John Milton

2a : the act of losing possession : deprivation loss of sight

b : the harm or privation resulting from loss or separation bore up bravely under the loss of both parents

c : an instance of losing His death was a loss to all who knew him.

3 : a person or thing or an amount that is lost: such as

a losses plural : killed, wounded, or captured soldiers His regiment suffered terrible losses.

b : the power diminution of a circuit (see circuit entry 1 sense 4a) or circuit element corresponding to conversion of electrical energy into heat by resistance (see resistance entry 1 sense 4a)

4a : failure to gain, win, obtain, or utilize loss of a game

b : an amount by which the cost of something exceeds its selling price The railroad claimed to be operating at a loss.

5 : decrease in amount, magnitude, or degree a loss in altitude

6 : the amount of an insured's financial detriment by death or damage that the insurer is liable for

at a loss

1 : uncertain as to how to proceed was at a loss to explain the discrepancy

2 : unable to produce what is needed at a loss for words

for a loss

: into a state of distress events had thrown him for a loss

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Examples of loss in a Sentence

The storm caused widespread loss of electricity. The company's losses for the year were higher than expected. A careless error resulted in the loss of the game. The team suffered a 3–2 loss in the last game. The team has an equal number of wins and losses. the party's losses in the recent election
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Recent Examples on the Web

Mexico's World Cup run came to an end with a 2-0 loss to Brazil in the Round of 16 on Monday morning at the Samara Arena in Samara, Russia. Matt Young, Houston Chronicle, "Fans watch in anguish as Mexico eliminated from World Cup," 2 July 2018 But the pain of that night’s loss haunts this week’s final, a prodding anxiety that something like that might happen again. Laurent Dubois, The Atlantic, "France’s Ghosts Return for the World Cup," 14 July 2018 So with Ginny Rowe’s loss six days earlier, Wednesday’s entry point was, indeed, sorrow. Mike Anthony, courant.com, "Mike Anthony: The Bond Of Dee And Ginny Rowe Was The Bond For Countless Communities, A UConn Family," 12 July 2018 Cal’s loss was a monster gain for Monterey Peninsula College coach Luke Phillips. Jeff Metcalfe, azcentral, "For ASU's Herm Edwards, sports bubble helped to overcome racism growing up," 12 July 2018 Utilities and phone companies recovered some of Monday’s losses. Marley Jay, The Seattle Times, "US stocks climb again as Pepsi leads household goods rally," 10 July 2018 The small problem is that almost nobody attributes Clinton’s loss entirely to Russian interference. Jonathan Chait, Daily Intelligencer, "Glenn Greenwald Tells Russians Liberals Are Blaming Them As Excuse for Clinton," 9 July 2018 If Trump tries to neutralize the effects on, say, diminished farm exports through the Roosevelt-era Commodity Credit Corporation, Congress will have to eventually pony up money to help cover the CCC’s losses. Emily Stewart, Vox, "Can the US-China trade war be stopped? 11 experts weigh in.," 8 July 2018 The story of Saturday’s loss, however, was the Orioles’ continued inefficiency against off-speed pitches. Eduardo A. Encina, baltimoresun.com, "After early outburst, Orioles offense sputters in 5-4 loss to Twins; team is 40 games under .500," 7 July 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'loss.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of loss

13th century, in the meaning defined at sense 1

History and Etymology for loss

Middle English los, probably back-formation from lost, past participle of losen to lose

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Statistics for loss

Last Updated

7 Oct 2018

Look-up Popularity

Time Traveler for loss

The first known use of loss was in the 13th century

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More Definitions for loss

capital loss

noun

Financial Definition of capital loss

What It Is

A capital loss is a decrease in the value of an investment. It is the difference between the sale price and the purchase price (the basis) of an asset.

How It Works

The formula for capital loss is:

Purchase Price - Sale Price = Capital Loss

Note that this formula assumes the purchase price is higher than the sale price. If an investor sells an asset for more than he or she paid, this is called a capital gain.

Let's assume you purchase 100 shares of XYZ Company for $5 per share. After three months, the share price decreases to $1. This means the value of the investment has decreased from $500 to $100, for a capital loss of $400.

Why It Matters

Capital losses are generally tax deductible, but only when they are realized. That is, they only become deductible when the asset is actually sold (unless the stock is legally deemed worthless). Until that point, any losses are considered unrealized and are not deductible. The IRS considers nearly every asset owned by individuals and companies as capital assets and thus subject to capital gains taxes and capital loss deductions.

Taxpayers report capital losses on IRS Schedule D. An investor's capital losses will sometimes offset all or a portion of his or her capital gains, lowering the investor's tax bill. There is a limit to how much the investor can offset (generally $3,000), but remaining losses can typically be carried over to future tax years. To prevent trading for the sole purpose of tax avoidance, the wash sale rule prevents investors from deducting capital losses on a security if they purchased a "substantially identical security" within thirty days before or after the sale.

Many analysts claim that the deductibility of capital losses encourages tax-loss selling during November and December of each year, which in turn fuels the "January effect," which is a tendency for the market to rise during that month. Analysts believe this is the case because the wash sale rule requires investors who sell stock for tax-losses in November and December to wait at least thirty days to repurchase those shares.

Source: Investing Answers

net operating loss

noun

Financial Definition of net operating loss

What It Is

A net operating loss (NOL) is a negative profit for tax purposes. It usually occurs when a company's tax deductions exceed its taxable, making the company unprofitable.

How It Works

Net operating losses can be used to reduce future tax payments. For example, let's assume Company XYZ has taxable income of $1,000,000 and tax deductions of $1,300,000. Its net operating loss is $1,000,000 - $1,300,000 = - $300,000.

Company XYZ will probably not have to pay taxes that year (because it didn't have any taxable income). But let's assume that next year, Company XYZ makes a lot more money and records $500,000 of taxable income.

If Company XYZ is taxed at a corporate tax rate of 40%, it would need to pay $500,000 x 40% = $200,000 in taxes. But because it incurred an NOL last year, it can apply that NOL to this year's tax bill, reducing it significantly (or even to $0, depending on the jurisdiction Company XYZ is in). Company XYZ could also carry the NOL "back" and apply it against taxable income in preceding years.

Why It Matters

NOLs are important because they create future tax relief for companies. The general idea is that when a firm makes money, it pays taxes; when it doesn't make money, it can get some relief. As a result, NOLs in and of themselves are valuable assets. In fact, sometimes companies purchase other companies solely for their NOLs.

The laws on applying NOLs vary by state, but usually an NOL from the last two or three years can be applied up to 20 years in the future, at which point it will expire. There are rules and exceptions for almost any circumstance, so it's best to check with the IRS or a qualified tax accountant when calculating and applying NOLs.

Source: Investing Answers

loss

noun

English Language Learners Definition of loss

: failure to keep or to continue to have something

: the experience of having something taken from you or destroyed

: money that is spent and that is more than the amount earned or received

loss

noun
\ˈlȯs \

Kids Definition of loss

1 : the act or fact of losing something a loss of courage

2 : harm or distress that comes from losing something or someone We all felt the loss when he left.

3 : something that is lost weight loss

4 : failure to win It was the team's first loss.

at a loss

: unsure of how to proceed

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loss

noun

Legal Definition of loss 

1 : physical, emotional, or especially economic harm or damage sustained: as

a : decrease in value, capital, or amount — compare gain

b : an amount by which the cost of something (as goods or services) exceeds the selling price — compare profit

c : something unintentionally destroyed or placed beyond recovery

d : the amount of an insured's financial detriment due to the occurrence of a stipulated event (as death, injury, destruction, or damage) in such a manner as to create liability in the insurer under the terms of the policy

Note: As a general rule, economic losses are deductible from adjusted gross income under section 165 of the Internal Revenue Code. There are, however, numerous exceptions and limitations.

actual loss

: the identifiable and calculable monetary detriment that is suffered or will be suffered as a result of an act or event

actual total loss

: a loss in marine insurance in which the property (as a vessel or cargo) cannot be repaired or recovered — compare constructive total loss in this entry

capital loss

: the amount by which the book value of a capital asset exceeds the amount realized from the sale or exchange of the asset

casualty loss

: loss of property as a result of a fire, storm, shipwreck, or other catastrophic event

consequential loss

: a loss that arises as an indirect result of an act or event

called also indirect loss

— compare direct loss in this entry

constructive total loss

: a loss in marine insurance in which the cost of repairing or recovering a ship or its cargo would be more than the ship or cargo is worth — compare actual total loss in this entry

direct loss

: a loss arising directly from an act or event — compare consequential loss in this entry

indirect loss

: consequential loss in this entry

net operating loss

: the amount by which the expenses of operating a business exceed the income derived from it — see also carryback, carryover

ordinary loss

: a loss from the sale or exchange of any asset that is not a capital asset

partial loss

: a loss arising from damage to property that does not render it a total loss

total loss

: a loss arising from damage to property that is so substantial as to make the property valueless to an insured

2 : the act or fact of suffering physical, emotional, or especially economic harm or detriment

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Comments on loss

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