Meaning of the word "Miss out on" in English

What does "Miss out on" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

Miss out on

US /mɪs aʊt ɑn/
UK /mɪs aʊt ɒn/

Phrasal Verb

to lose an opportunity to do or have something

Example:
Don't miss out on this chance to travel the world.
She felt like she was missing out on all the fun.