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1.
something in pakistani households where people get hidden and sometimes dissapear into.
"I can hide you in my loset!"
by Spiderman21 March 26, 2008
 
2.
The female word for a loser :)
She's such a loset.... she should get a life
by MC1994 August 24, 2010
 
3.
A loset is neither a closet or an ash-tray. Instead it is a place inside the window frame. Otherwise known as part of the locking mechanism.

This is a place in which, one places a joint (spliff) so the next person can find it.
"joint's in the loset"

"oi mate the joint is in the loset, don't let it go out"
by Wadey 2009 September 26, 2009