lose one's shirt
Go completely broke
To lose one's shirt is to lose everything in a financial venture or gamble—to suffer devastating monetary loss: He lost his shirt in the stock market crash.
The image suggests losing even the clothes off your back.
The phrase often appears as a warning: You'll lose your shirt betting on penny stocks.
- stock market crashRapid decline in share prices
- bankruptcyLegal status when insolvent
- financial ruinComplete loss of wealth
- break the bankExceed available resources
- wipe outDestroy completely or tumble
insolvency · poor house · recession · despair · foreclosure · regret · gamble · bet the farm · wager · anxiety · inflation · debt · cleaned out · speculation · go bust · in the red · down and out · economic depression
lose one's shirtstrike it rich
Suddenly acquire great wealth
hit the jackpot · make a killing · make a fortune · clean up · cash in
lose one's shirttake a hit
Experience negative impact
scratch · drop in the bucket · nick · ding
lose, loses, lost, losing, loser, losers, loss, losses, ones