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The phrase "accepted a loss" is correct and usable in written English.
You can use it when discussing a situation where someone acknowledges that they have experienced a defeat or setback, whether in a game, competition, or personal situation.
Example: "After the final whistle blew, the team accepted a loss gracefully, congratulating their opponents on a well-played match."
Alternatives: "acknowledged defeat" or "recognized the loss."
Exact(5)
It accepted a loss on the risk it took, and we accepted the consequences on our side of the deal.
I found that if litigants received a fair and unbiased hearing and a credible explanation of the basis for my decision, they usually accepted a loss without bitterness or anger.
After marathon talks in Brussels, the leaders say some private banks holding Greek debt have accepted a loss of 50%.
Banks also accepted a loss of 50% on Greek debt, and they must raise more capital to protect themselves against losses resulting from any future defaults.
Eventually the monks came to terms with the bishop and accepted a loss of their autonomy.
Similar(55)
This time, I wasn't going to accept a loss".
There is another possibility now, which is that the Trump faction will not accept a loss.
"If you look at this year, not a single person accepts a loss".
In some cases it has had to accept a loss on these assets.
Virtually every Tottenham player has his price, albeit a very large one – Levy refuses to accept a loss.
He said investors are prepared to accept a loss, as they have "come to the realisation that 'yes, we overpaid'".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com