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Can anybody give me a single word for a person who suffers great loss as in the context below. The word loser is not appropriate:

Mike lost everything after his failed business venture.

Phillip suffered great loss due to the flood.

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6 Answers 6

up vote 4 down vote accepted

How about "destitute"

Phillip was left destitute as a result of the flood./ Phillip is now a destitute.

There is also "ruined"

Philip suffered great loss due to the flood. He is now ruined.

or

"Devastated"

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1  
+1 for destitute, which I have heard used in the way the OP is seeking, as a noun. (See first example here.) –  Callithumpian Jun 5 '11 at 22:52

"Victim" is often used for everything from natural disasters to diseases to financial ruin.

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I'd suggest:

  • choker: an unfortunate person who is unable to perform effectively because of nervous tension or agitation.
  • Victim: One who is harmed by or made to suffer from an act, circumstance, agency, or condition.
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Victim is the answer of the question because my class mahesh tutorials told me –  user46667 Jun 25 '13 at 10:06

Mike could be called an unfortunate:

unfortunatenoun
A victim of bad luck.

Phillip could be called a sufferer:

sufferernoun
One who suffers; a person who endures or undergoes pain, either of body or of mind; one sustaining evil of any kind.

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"The bereaved" refers to someone who has suffered great loss, whether through the death of another or otherwise.

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Even when nobody died? I'm used to "bereaved" applying to people who've lost loved ones, but not to those who've lost money or property. –  Monica Cellio Jun 5 '11 at 21:12
    
"having a close relation or friend who has recently died". –  Gigili Jun 5 '11 at 21:13
    
@Monica Cellio: It refers to great loss. It's just that almost any usage not referring to death is hyperbolic. –  Marcin Jun 5 '11 at 21:14
    
According to etymonline, bereaved mostly applies to loss of loved ones, and bereft to loss due to circumstance. –  jwpat7 Sep 23 '12 at 21:09
    
@jwpat7 Mostly. Not the same as solely. –  Marcin Sep 24 '12 at 18:30

It holds a negative connotation like loser but if you wanted an adjective sorry could fit.

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