Damage vs. Loss — What's the Difference?

Damage is any change in a thing, often a physical object, that degrades it away from its initial state. It can broadly be defined as "changes introduced into a system that adversely affect its current or future performance".

The act or an instance of losing

Destruction or a loss in value, usefulness, or ability resulting from an action or event.

One that is lost

Damages(Law) Money required to be paid as compensation for an injury or wrong.

The condition of being deprived or bereaved of something or someone

(Informal) Cost; price

The amount of something lost

To cause damage to.

The harm or suffering caused by losing or being lost

To suffer or be susceptible to damage.

Losses People lost in wartime; casualties.

Injury or harm; the condition or measure of something not being intact.

Destruction

(slang) Cost or expense.

(Electricity) The power decrease caused by resistance in a circuit, circuit element, or device.

(transitive) To impair the soundness, goodness, or value of; to harm or cause destruction.

The amount of a claim on an insurer by an insured.

To undergo damage.

(countable) The result of no longer possessing an object, a function, or a characteristic due to external causes or misplacement.

(transitive) To remove a damaged or unsalable item from the sales floor for processing.

(uncountable) The destruction or ruin of an object.

Injury or harm to person, property, or reputation; an inflicted loss of value; detriment; hurt; mischief.

(countable) Something that has been destroyed or ruined.

The estimated reparation in money for detriment or injury sustained; a compensation, recompense, or satisfaction to one party, for a wrong or injury actually done to him by another.

(countable) Defeat; an instance of being defeated.

To occasion damage to the soundness, goodness, or value of; to hurt; to injure; to impair.

(countable) The death of a person or animal.

To receive damage or harm; to be injured or impaired in soundness or value; as, some colors in cloth damage in sunlight.

(uncountable) The condition of grief caused by losing someone or something, especially someone who has died.

The occurrence of a change for the worse

The sum an entity loses on balance.

Loss of military equipment

(engineering) Electricity of kinetic power expended without doing useful work.

The act of damaging something or someone

(colloquial) lost

The amount of money needed to purchase something;

The act of losing; failure; destruction; privation; as, the loss of property; loss of money by gaming; loss of health or reputation.

A legal injury is any damage resulting from a violation of a legal right

The state of losing or having lost; the privation, defect, misfortune, harm, etc., which ensues from losing.

Inflict damage upon;

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.

The state of being lost or destroyed; especially, the wreck or foundering of a ship or other vessel.

Failure to gain or win; as, loss of a race or battle.

Failure to use advantageously; as, loss of time.

Killed, wounded, and captured persons, or captured property.

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.

The act of losing;

Something that is lost;

The amount by which the cost of a business exceeds its revenue;

Gradual decline in amount or activity;

The disadvantage that results from losing something;

Military personnel lost by death or capture

The experience of losing a loved one;

Euphemistic expressions for death;