loss prevention

English

Alternative forms

  • retail loss prevention
  • (initialism) LP

Noun

loss prevention (plural loss preventions)

  1. (US) Prevention of a loss of profit (instances of theft, fraud, etc.) done by retail stores.
    aggressive loss prevention strategies at Target
    loss prevention officer
  2. (US) The department or a person who is employed to carry out loss prevention.
    caught shoplifting by loss prevention
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