lose
   /luz/ Show Spelled [looz] Show IPA verb, lost, los·ing.
–verb (used with object)
1. to come to be without (something in one's possession or care), through accident, theft, etc., so that there is little or no prospect of recovery: I'm sure I've merely misplaced my hat, not lost it.



loose
   /lus/ Show Spelled [loos] Show IPA adjective, loos·er, loos·est, adverb, verb loosed, loos·ing.
–adjective
1. free or released from fastening or attachment: a loose end.