loss prevention

English

Alternative forms

  • (initialism) LP

Noun

loss prevention (usually uncountable, 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 person who is employed to carry out loss prevention.
    caught shoplifting by loss prevention

See also