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Could you tell me if there is any difference between miss out and lose out?

If you don't take the course, you will miss out a lot.

If you don't take the course, you will lose out a lot.

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Yes. miss out is simply loosing an opportunity while lose out is not getting an opportunity that others are getting. For example "we will repeat the lesson so you don't miss out. " while "if we do not win the elections, we will lose out to the Republican party" . So we lose out something to someone or other bodies . And we miss out something simply.

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