The game's outcome was decided on the morning of the day before last.
That one word Koichi said made the difference between victory and defeat.
My parents always told me that it doesn’t matter if I win or lose, as long as I try my best, but I didn’t like that. Of course, I care very much about winning and losing. If I lose after doing my best, then there’s no point.
You have win and you have failure. When you are talking about both in one word, you have victory or defeat.
This is a jukugo word, which usually means on'yomi readings from the kanji. If you know the readings of your kanji you'll know how to read this as well.