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Jun 8, 2024 · The meaning of IN THE RED is spending and owing more money than is being earned. How to use in the red in a sentence.
IN THE RED definition: spending more money than you earn: . Learn more.
Sep 17, 2023 · Be in the Red: Definition, Meaning, and Origin. The idiom "be in the red" is a famous phrase many use without knowing its origins or full significance. It refers to a financial situation where expenses exceed income, indicating that one owes more money than one has.
BE IN THE RED definition: 1. If you or your bank account are in the red, you owe money to the bank. 2. If you or your bank…. Learn more.
in the red. In debt. This phrase is often applied to businesses and refers to the traditional bookkeeping practice of writing outgoing funds in red ink (and incoming funds in black). We're back in the red because sales are way down this quarter.
phrase. If a person or company is in the red or if their bank account is in the red, they have spent more money than they have in their account and therefore they owe money to the bank. The theatre is £500,000 in the red. If you do go into the red you get charged 30p for each transaction.
In debt, as in Joshua can't keep track of funds, so half the time his company is in the red . This expression alludes to the bookkeeping practice of marking debits in red ink and credits in black. It survives even in the age of computerized accounts.
