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From: Webster's Revised Unabridged Dictionary (1913)

 Loss n.
 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.