Last modified on 21 June 2013, at 00:08

in the hole



in the hole (comparative more in the hole, superlative most in the hole)

  1. (idiomatic) Having suffered net losses; in debt.
    • 1993, Shelby Foote, introduction to Stephen Crane, The Red Badge of Courage, The Modern Library (1993), ISBN 9780679641292, unnumbered pages:
      Further testimony to his commercial incompetence lay in the fact that, at fifty cents a copy, a complete sellout would have left him worse than $300 in the hole—proof enough, if proof was needed, that it wasn't primarily money he was after; it was fame.
    • 1999, Dwight Ott, "A Share Of Bridge Tolls For Camden?", Philadelphia Inquirer, 18 June 1999:
      Finance Director Robert Law added that even if Camden laid off all of its civilian employees, it would still be millions in the hole.
    • 2011, Matt Prigge, "How 'Drive' Director Nicolas Winding Refn was influenced by 'Pretty Woman'", Philadelphia Weekly, 15 September 2011:
      Instead it was a critical and commercial bomb that put his production company millions in the hole, necessitating two Pusher sequels (in 2004 and 2005) to get him in the black.