The term 'Likable Loser' can be summed up with the crossword solution 'SCHMO' (5 letters). A SCHMO is a slang term for an inept, foolish, or generally disliked person. It is often used to describe someone who is not particularly successful or talented, but is still liked by others due to their good-natured personality. The term 'Likable Loser' is often used to describe someone who is not particularly successful or talented, but is still liked by others due to their good-natured personality.