Still, the maximum real loss there is around £400m.

The player then plays out the strategy which will result in the minimization of his maximum loss.

Such strategies, which minimize the maximum loss for each player, are called optimal.

By contrast, the Dow industrials suffered a maximum loss of just 9.7 percent.

The maximum loss possible on the trade equals $2 per share, the net debit.

The maximum loss is the cost of the new swap.

No longer does the state impose a maximum loss of $200 a day for each player on the riverboats.

If the cards are lost or stolen, the maximum loss is their remaining value.

At current spending levels, the state's maximum loss would be $36 million.

The buyer's maximum loss is limited to the option premium.