Phrasal verb: lose out

[Guest]

Test No. incompl/inter-62 "Losing It (2)", question 7

When it came to dividing the profits we lost ......... because we didn't get our fair share.

(a) off
(b) out
(c) in
(d) through

Test No. incompl/inter-62 "Losing It (2)", answer 7

When it came to dividing the profits we lost out because we didn't get our fair share.

Correct answer: (b) out

Your answer was: incorrect
When it came to dividing the profits we lost off because we didn't get our fair share.
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which is the difference between lost off and lost out

[Torsten]

The difference is that lose out is a phrasal verb and lose off is a word combination that is not used.
If you lose out, you suffer a disadvantage or loss.
Lost out is the simple past form of lose out.

TOEIC listening, question-response: When are the new employees scheduled to start?

[Kati Svaby]

Hello,

Even an example:

If things go wrong I am the one who'll lose out, not you.

xxxxx

I found an other meaning. lose out /to/ = be overcome and replaced /by/
Example: Has the cinema lost out to TV?

Thanks:
kati Svaby