If the word has these various serious meanings.How can it be used so casually without knowing anything about other person.
Anyways this word could,nt find a place in my dictionery as its not others to decide if one is loser or not as happycat suggested,if its all about happiness,how can others judge tht one is happy or not.

I know it cant be a win win situation all the time ,but u cant still declare anyone a loser.Because,

ITS THE HORSERIDER WHO FALLS IN THE BATTLE FIELD BUT STILL KNOWN AS A HERO