Loss prevention, Retail security, Electronic Article Surveillance. These are all commonly used terms, while most people don’t know what they mean. Experts in the loss prevention industry may or may not know the specific definitions of these terms. Many LP professionals repeat these terms over and over without really thinking about what they are saying. To understand the combined meanings of these sentences, it is helpful to take a look at their meaning word for word.
Loss prevention:
Lost = The damage or suffering caused by losing something.
Prevention = The act of preventing something or preventing something.
Retail Security:
Retail sale = The sale of goods or raw materials to public consumers in small quantities.
Safety = Free from risk or danger; Security status.
Electronic article surveillance:
Electronic = Anything that involves the controlled conduction of electrons and / or a variety of charge carriers.
Article = An individual thing or element of a class; a particular object or item, such as a piece of clothing or food.
Surveillance = Close observation or scrutiny of a person or group, particularly one under suspicion.
When you take these words and put them together, their individual meanings expand and magnify. These terms encompass elements of both the definition of linguistic derivation and the commonly used implications.
Loss prevention = Prevent damage to the end result caused by loss of money, property, etc. in a business context.
Retail security = The process by which goods are sold to the public safely for both the consumer and the store owner, avoiding theft or damage.
Electronic article surveillance = Electronically powered machines and accessories that can alert a retailer if merchandise is removed from the store.