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to lose out
[phrase form: lose]
01
to be defeated or surpassed by someone or something else
Examples
The company lost out on the contract because their bid was too high.
The student lost out on the scholarship because she did n't meet the GPA requirements.
02
to be at a disadvantage
Examples
Students who do n't have access to a good education lose out on opportunities in life.
Workers who do n't have the right skills lose out on good jobs.
