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]
(..) Now, that's exactly the attitude that lost you the Pearl. People are easy to search when they're dead. Lock him in the brig. Hands aloft to loose t'gallants! With this wind, she'll carry every sail we've got! What's happening? The Black Pearl. She's gaining on us. (..)2003 Pirates of the Caribbean: The Curse of the Black Pearl