answersLogoWhite

0


Best Answer

"In the red" is often used to indicate that you are in debt or are negative in some way. This is originally a term used in bookkeeping or accounting when businesses used a ledger to keep track of money coming in or going out. They would used red ink to indicate the money is owed or if it was a negative number.
it means to be in the red is to be in love.

EDIT: It can also mean 'to be in debt' - In the days of hand-written ledgers in business - negative balances were always written in red ink. Snakester1962 (Supervisor)

User Avatar

Wiki User

6y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

15y ago

"In the red" means overdrawn on a bank account, or owing money to someone.

It refers to the days when banks would type customers' bank statements, using a two-color ribbon. Once the balance was below zero, the typist switched from using the black to the red half of the ribbon.

This answer is:
User Avatar

User Avatar

Wiki User

15y ago

"In the red" is a phrase most frequently used with regard to business. A business is said to be "in the red" if it is spending more money than it is making. Conversely, a business that is making a profit (making more money than it is spending) is said to be "in the black". The phrase originates from accounting where negative numbers are often shown in red ink while positive numbers are shown in black.

Both phrases are sometimes used in other contexts. In Golf, for example, a player with a score below par may be said to be "in the red" or "in red numbers" while a player with a score over par is said to be in the black. Golf scores on leaderboards are typically displayed as red or black numbers to indicate whether the player's score relative to par is under or over. "in the red" is usually an accounting or banking term. it means that you have a negative amount of money, and/or you don't have enough money budgeted to cover your expenses.

This answer is:
User Avatar

User Avatar

Wiki User

15y ago

It means that a company is spending more money that it is earning. In other words, they are in debt. It is losing money and is making less profits than last year. Accountants use red to indicate this on overheads in board meetings. Its income is less than its expenditure-a serious problem, unless it has large reserves or a strategy to return to profitable trading. When a company is "operating in the red", it means their expenses are greater than their earnings. Therefore, they are not making a profit, which can cause the company to go bankrupt. When a company is "operating in the black", it means just the opposite; they are earning more money than their overhead (expenses) costs, and are making a profit. Due to the recent plummeting Stock Market, many people panicked and sold their stock in some of these companies, which caused a tremendous cash flow problem, resulting in some of the companies going bankrupt.

This answer is:
User Avatar

User Avatar

Wiki User

10y ago

To be in debt

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What does it mean to be in the red?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

When was Mean Red Spiders created?

Mean Red Spiders was created in 1993.


What does one dozen red roses mean?

One "dozen red roses" mean 12 red roses


If your shampoo is red does it mean it has red 40?

No.


Does red colour match with red?

what do you mean


What does an R in a red box mean on a samsung tocco lite mobile mean?

Red


What does red mean on the US flag?

red is for the bloodshed


What does the red mean during the Red Scare?

blood


What does red mean in Spanish?

Red = Network


What doses a red traffic light mean What does a flashing red traffic light mean?

Red=stop red flashing= light is broken, use your judgement in crossing.


What does red wolf mean?

it is called the red wolf for the red fur by its neck


Are there more red cars?

what do you mean? if u just mean red cars in general then uhhh....yeah.


What does eritrean mean?

it means red and is named after the Red Sea.