This book is only a novel in the 'loose' sense of the word. [=the word “novel” does not usually refer to a book like this; many people would not consider the book a novel]
Ten advocacy groups from all parts of the country formed a 'loose' alliance/association/coalition to present their shared interests to Congress.
She's been 'cut loose' from her contract. [=the company/organization with whom she had a contract to work has ended the contract]
(..) -That's right. -We will bring dinner. -Thank you. Thank you so much. Dad! Dad, look at my shoe. That's earthquake oil. Set loose. So... So? So, so. If there's anything here, we take it to the sea. (..)2007 There Will Be Blood