Definition of take a flier
- He took a flier in politics soon after getting his degree.
- Investors have been unwilling to take a flier on such a small and unproven company.
: to get into one's hands or into one's possession, power, or control: such as
: to seize or capture physically
: to get possession of (fish or game) by killing or capturing
: a distinct or personal point of view, outlook, or assessment
: an act or the action of taking: such as
: the uninterrupted photographing or televising of a scene
: one that flies
: a reckless or speculative venture
: an advertising circular
To take a flier means to invest in a highly risky asset or to try for the first time.
John Doe starts his own business. He looks for angel investors to give him seed capital. One day, he meets Jane Smith, who decides to take a flier on John's business by investing $50,000.
When an investor takes a flier, he or she takes a big risk. Sometimes that risk pays off; sometimes it doesn't. However, the willingness to take a flier is what turns ideas into reality -- and profit.
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