At the end of the day, Oscar lost nothing, but it was frightening! (5)
I believe the answer is:
scary
'frightening' is the definition.
(I've seen this before)
I don't understand the remainder of the clue.
Can you help me to learn more?
(Other definitions for scary that I've seen before include "Fearsome" , "spook" , "Alarming, maybe paranormal" , "[SPICE]" , "Hair-raising" .)