A reward for defeating an opponent in many games with RPG elements (cRPG, action-RPG, MMORPG). Loot is usually random and may contain a small amount of virtual money, items (e.g. weapons, armor, first aid kits) and raw materials.
In MMORPGs, « looting », or fighting PvE to acquire valuable items, often takes mass scale as the easiest and fastest way to « get rich » for players. Due to the competition for the most valuable prizes, the distribution of « loot » for defeated opponents usually depends on the contribution of individual team members.