胜负 (shèng fù): Победа или поражение

The two players were evenly matched, and before the game no one could predict the outcome; it was only decided at the very last moment.

In business competition, a temporary win or loss doesn't explain everything; the key is to learn from failures and keep improving.

The outcome of this war depends not only on weapons and equipment but also on the soldiers' morale and the commander's decisions.

The two of them played chess all day, and by evening still hadn't determined a winner, so they agreed to continue the next day.