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in the red
In debt, as in Joshua can't keep track of funds, so half the time his company is in the red. This expression alludes to the bookkeeping practice of marking debits in red ink and credits in black. It survives even in the age of computerized accounts. So does the antonym, in the black, for being financially solvent or out of debt, as in Bill was happy to say they were in the black. [Early 1900s]
Example Sentences
The younger Youssef estimates the store is in the red several hundred thousand dollars because of the loss of jewelry belonging to roughly 100 neighborhood customers.
Six consecutive years of running in the red has led to a staggering $219.5-million deficit that won’t be wiped away with the waving of any wand.
After finding herself in the red chairs and at risk of elimination for two weeks in a row, Ailish became the second MUA to leave the competition on Wednesday.
Walter Matthews combines the pass-catching and route-running abilities of a skill player with size and power that make him an asset in the red zone.
In early trading Monday, the major stock indices started in the red, sank lower, then moved into and out of the black twice.
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