The Collaborative International Dictionary of English v.0.48:
Loose \Loose\ (l[=oo]s), v. n. [imp. & p. p. Loosed
(l[=oo]st); p. pr. & vb. n. Loosing.] [From Loose, a.]
1. To untie or unbind; to free from any fastening; to remove
the shackles or fastenings of; to set free; to relieve.
Canst thou . . . loose the bands of Orion ? --Job.
Ye shall find an ass tied, and a colt with her;
loose them, and bring them unto me. --Matt. xxi.
2. To release from anything obligatory or burdensome; to
disengage; hence, to absolve; to remit.
Art thou loosed from a wife ? seek not a wife. --1
Cor. vii. 27.
Whatsoever thou shalt loose on earth shall be loosed
in heaven. --Matt. xvi.
3. To relax; to loosen; to make less strict.
The joints of his loins were loosed. --Dan. v. 6.
4. To solve; to interpret. [Obs.] --Spenser.