red ink
red ink — noun
1. an amount of money that a business, organization, or government has lost, shown
an amount of money that a business, organization, or government has lost, shown as a negative figure in its financial records
Allison checked the quarterly statement and saw red ink of nearly two million dollars.
collocation: red ink of [amount]
Sora warned the board that red ink in the education budget would force difficult cuts.
red ink in [budget/department]
The committee projected red ink of three hundred thousand dollars by year's end.
Diya found red ink in every department budget this quarter.
find red ink in [department]
- red ink of + [amount]
- projected red ink
- red ink in the [budget/report]
Usage Note
Used mainly in the context of financial reports, budgets, and accounting statements. The amount of red ink is usually expressed as a specific sum.
Common Mistakes
2. a financial situation in which a company, organization, or person regularly spen
a financial situation in which a company, organization, or person regularly spends more money than they receive, resulting in continued losses
Diego was hired to help the business escape red ink and return to profit.
escape / get out of red ink
The city hospital has operated in red ink for three consecutive years.
operate in red ink
Adina blamed the company's red ink on rising material costs and falling demand.
Lotte worried that another year of red ink would force the charity to close.
another year of red ink
- in red ink
- operate in red ink
- escape / get out of red ink
- be mired in red ink
- the red
shorter informal form of 'in the red' — used in the same situation
- insolvency
stronger; means unable to pay debts, not just operating at a loss
- profitability
the opposite economic condition — earning more than you spend
- the black
informal opposite; being 'in the black' means profitable
Usage Note
Frequently combined with prepositions: 'in red ink' for the ongoing condition; 'out of red ink' or 'escape red ink' for moving to profitability. This sense describes a continuing state rather than a specific loss figure, which distinguishes it from sense 1.
Common Mistakes
Etymology
The phrase comes from the traditional accounting practice of writing negative numbers and losses in red ink, while profits were written in black ink. This convention dates back to at least the early 20th century and is the source of the related expressions 'in the red' and 'in the black'.
First known use
1926
1926, in the meaning defined at sense 1