Difference Between Gain and Loss

Gain vs Loss

“Gain” and “loss” are words distinguished differently in various contexts and fields. “Gain” and “loss” can be a recognized gain and loss, capital gain and loss, etc. In this article we will discuss the words as two English words. Generally, the word “gain” implies “acquiring something” and “loss” generally means “to lose something one already has.”

Gain
Gain used as a verb:

Gain means to acquire something one desires especially because of one’s efforts. For example, to gain the possession of a property, to gain permission to go on leave.
Gain means to get something additional, for example, to gain more speed, to gain more weight.
In economics, gain refers to profits, for example, to gain profits as in gaining a million-dollar deal.
Gain also refers to winning a competition, for example, gaining the prize.
Gaining and winning is winning someone to one’s side or winning the opinion of someone or persuading someone’s opinion to one’s side, for example, to gain support of the opposition.
In reference to a watch, to gain refers to running faster, for example, the watch gaining five minutes a day.
Gain refers to reaching a particular place by making great efforts, for example, to gain the destination one desires.
Gain means to improve or to make progress and advance, for example, gaining health after an illness.
Gain also refers to getting nearer when in pursuit, for example, our car gained on the bus.

Gain used as a noun:

Gain refers to an advantage or gain.
It means to advance or increase.
It also means winning or profits.
Gain refers to acquiring something.

Loss
Loss used as a noun

Loss means the deprivation from keeping something, for example, bearing the loss of a theft.
It refers to something which is lost, for example, the theft of jewelry was a great loss.
Loss of a particular number, for example, the tornado resulted in the loss of many lives.
Loss is the state in which one is deprived of something one had for a long time, for example, the loss of family or friends due to moving.
It also refers to death, for example, to feel the loss of a family member or friend.
To misplace something accidentally, for example, the loss of an important document.
Loss refers to failure to win or be defeated, for example, loss of a battle or competition.
Failure to put something to good use, for example, loss of time.
Failure or losing also refers to failure in preserving something, for example, loss of speed on high altitude.
It also means ruin or destruction, for example, the loss of the building by fire.

Summary:

“Gain” and “loss” are antonyms and refer to either acquiring something or getting an advantage or improving something, etc. to losing something, failure to maintain and being disadvantaged, or not being able to retain something.

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