into the red

rj106 | 17:32 Tue 20th Mar 2007 | Phrases & Sayings

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what does this mean?

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It means 'spending more money than you have' or 'in debt'.

If you have �20 available in your bank account and spend �30, you are 'in the red'.

Grunty

In the days before computers, account books were written in ink. Black ink was used for credit figures and red ink was used for debit amounts.

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