Meaning: Losing money. For example, "After the third quarter and the falling economy, we are in the red". Continue reading in the red
Category: Idioms
Idioms are expressions with greater meaning. Phrases like "nick of time" or "in other words" or "for heaven's sake". Definition: a group of words in a fixed order that have a particular meaning that is different from the meanings of each word understood on its own:
in the black
Meaning: Making a profit. For example, "Our business is finally showing a profit, it's in the black".
Opposite: in the red
in the bag
Meaning. Drunk or complete. For example, "Three drinks and he'll be in the bag". Or, We are going to be successful, it's in the bag".
