To lose all of one's money; to go broke; to undergo financial ruin or disaster.
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Since nearly losing his shirt in a business deal a few years back, he investigates new opportunities more cautiously.
Submitted on September 01, 2009
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"lose one's shirt." Phrases.com. STANDS4 LLC, 2024. Web. 25 Dec. 2024. <https://www.phrases.com/phrase/lose-ones-shirt_5185>.
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