Definitions from Wiktionary (take the l)

▸ verb:  (slang) To take the loss; to lose a game or competition, to make a mistake or to otherwise be beset with unfortunate circumstances.
▸ verb:  Used other than figuratively or idiomatically: see take, L.
▸ verb:  Alternative form of take the L. [(slang) To take the loss; to lose a game or competition, to make a mistake or to otherwise be beset with unfortunate circumstances.]



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