in the red

Definition

Losing money. opposite of in the black.

Use in the red in a sentence

The business has been operating in the red for the last 2 years, hopefully sales will pick up so employees don't have to worry

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Lucy was using creative accounting for months to hide from the stakeholders the fact that Horseshoe Handbags, Ltd. was in the red.

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There was a gloomy mood in the upper halls of management when the news came that after all of our efforts we were still in the red.

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in the penalty box red