- Operating at a financial loss; being in debt; expenditures exceeding income.
Explanation
Origin
- Stems from the traditional accounting practice of recording financial losses or debts using red ink.
- Profits or positive balances were recorded in black ink. This color-coding practice is centuries old.
Synonyms & Related Expressions
Alternatives
Slang/Informal:
- In the hole (Very common synonym)
- Bleeding money / Hemorrhaging cash (Implies rapid, significant loss)
- Losing out
- Up against it (financially)
Vulgar/Emphatic:
- Totally fucked financially
- Financially screwed
- Up shit creek (Implies being in serious trouble, often financial)
Milder/Formal:
- Experiencing a net loss
- Reporting negative earnings / Negative cash flow
- Liabilities exceed assets
- Financially distressed
Situational Appropriateness
- Appropriate in both informal and formal contexts, particularly in business, finance, and personal budget discussions.
Misunderstanding Warnings
- Relatively straightforward. Ensure the listener understands red specifically signifies financial loss or debt in this idiom.
Examples
- The startup has been in the red since it launched, hoping to turn profitable next year.
- My checking account is in the red again after paying rent.
Dialogue
Accountant: Looking at these figures, the company finished the last quarter in the red.
Manager: Damn. I was afraid of that. Sales were really down. We need a new strategy.
Accountant: Agreed. Let's schedule a meeting to discuss options.
Social Media Examples
- Tweet: Freelancer life means sometimes your bank account dips in the red before a big invoice gets paid. Stressful! #freelance #finance
- News Headline: Retail Giant Reports Unexpected Quarter in the Red Amidst Economic Downturn.
- Forum Post (Personal Finance): Help! My budget is constantly in the red. What are the best budgeting apps?
Response Patterns
- Expressing sympathy or concern: Oh no, that's tough. / Sorry to hear that.
- Asking for details (if appropriate): How bad is it? / What happened?
- Offering support or solutions: Is there anything I can do? / Do you have a plan to fix it?
Common Follow-up Questions/Actions
- Discussing the reasons for the deficit (e.g., high expenses, low sales).
- Brainstorming or discussing strategies to get back into profit or pay off debt.
- Expressing hope for financial improvement.
Conversation Starter
- No.
- Used to report or describe a negative financial status.
Intonation
- Typically said with concern, worry, or seriousness.
- Stress on RED. in the RED.
Generation Differences
- Standard financial terminology, understood by anyone dealing with finances across generations.
Regional Variations
- Standard across all major English-speaking regions.