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Podcast: Why “Sacrifice” Means Loss, Not Gain

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Actions intended to result in a net loss, or those that result in such a loss due to lack of forethought or effort, are essentially different from those intended to result in a net gain. Properly formed concepts and definitions account for these differences. “Sacrifice,” “forfeit,” and the like refer to actions that render a net loss; “trade,” “profit,” and the like refer to those that render a net gain.