loss prevention

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English[edit]

Alternative forms[edit]

retail loss prevention
(initialism) LP

Noun[edit]

loss prevention (usually uncountable, plural loss preventions)

(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
(US) The department or a person who is employed to carry out loss prevention.
caught shoplifting by loss prevention

See also[edit]

shrinkage

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