Final answer:
Loss prevention in a business context involves implementing security and fire sprinkler systems to reduce the risk of financial loss. By doing so, businesses may be eligible for lower property insurance rates.
Step-by-step explanation:
In the context of loss prevention, it refers to measures taken by insurance companies to minimize the risk of financial loss due to theft, damage, or other threats to assets. One such measure is requiring a minimum level of security and fire sprinkler systems. By implementing these systems and regularly inspecting them, businesses can potentially qualify for lower rates on property insurance from insurance companies.