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by rorykoehler 3161 days ago
It's actually "near" lossless however one could successfully argue that it's good enough. Check out the wikipedia for details.
1 comments

That is something you have to enable, if you need to respect some bandwidth restriction.

> The codec optionally permits a "hybrid" coding scheme for applications where average and/or peak compressed data rates must be capped at a constrained level. This involves the dynamic application of a form of "near lossless" coding – but only for those short sections of audio where completely lossless coding cannot respect the bandwidth constraints. Even for those short periods while the "near lossless" coding is active, high-definition audio quality is maintained, retaining audio frequencies up to 20 kHz and a dynamic range of at least 120 dB.