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LOSE [from MIT jargon] v. 1. To fail.  A program loses when it
   encounters an exceptional condition.  2. To be exceptionally
   unaesthetic.  3. Of people, to be obnoxious or unusually stupid (as
   opposed to ignorant).  4. DESERVE TO LOSE: v. Said of someone who
   willfully does the wrong thing; humorously, if one uses a feature
   known to be marginal.  What is meant is that one deserves the
   consequences of one's losing actions.  "Boy, anyone who tries to
   use MULTICS deserves to lose!"
   LOSE LOSE - a reply or comment on a situation.

LOSER n. An unexpectedly bad situation, program, programmer, or
   person.  Especially "real loser".

LOSS n. Something which loses.  WHAT A (MOBY) LOSS!: interjection.

LOSSAGE n. The result of a bug or malfunction.