Having net losses; in debt.
Etymology:
- From the standard accounting practice of using red ink to denote negative values, especially a net loss. The first known written use of the phrase is from the "Wise-crack dictionary" by George H. Maines and Bruce Grant.
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Submitted on September 01, 2009
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"in the red." Phrases.com. STANDS4 LLC, 2024. Web. 24 Dec. 2024. <https://www.phrases.com/phrase/in-the-red_4728>.
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