"Rogue-like" is the most over-used term these days. It now has almost no meaning, compared to what it used to mean.
NES-game-with-no-battery-like
Normally the term fits very well and there are a lot of rogue likes, in this case its just wrong.
You die and loose everything than you have a meta upgrade loop.
I'm aware of what it means now. It used to have a more specific meaning than just "You die and loose everything than you have a meta upgrade loop". That was part of what it meant but not all. The "Berlin interpretation" is what it used to mean, and most of the stuff that's now called a roguelike was referred to as "roguelite" since it met some of the criteria for roguelike but not all.