what does "lost" mean?

[Kothow]

English Language Tests, Intermediate level

ESL/EFL Test #273 "When do you say this?", question 8

I say "They lost" when I tell someone the ..........

(a) truth
(b) answer
(c) result

English Language Tests, Intermediate level

ESL/EFL Test #273 "When do you say this?", answer 8

I say "They lost" when I tell someone the result.

Correct answer: (c) result
_________________________

lost in this text? what does this mean?

Kothow

[Mister Micawber]

.
Failed to win.
.
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Native English teacher at Mister Micawber's