loss leader UK /ˈlɒs ˈliːdə(ɹ)/US /ˈlɔs ˈlidɚ/ noun1 •An item that is sold at or below cost in an effort to stimulate other profitable sales.Siri can at least be a loss leader for iPhone sales, but Apple is also hunting around for more continual revenue from ads. — 2022 formsloss leaders