in the red

idiom

Definition of in the red

: spending and owing more money than is being earned Apparently the company had been in the red for some time before it went out of business.

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“In the red.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/in%20the%20red. Accessed 25 Feb. 2021.

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