Definition, Meaning & Synonyms
red-ink
Noun
/ˈred ˈɪŋk/
Definition
A term used to describe a financial loss or negative balance in accounting, often denoted in red ink.
Examples
- The company’s financial reports showed red ink for the last quarter, prompting management to rethink their strategy.
- After years of operating in red ink, the business finally turned a profit.
Meaning
Red ink indicates that an organization, person, or company is operating at a loss, suggesting that expenses surpass revenues. It highlights financial troubles and the need for corrective measures.
Synonyms
- Deficit
- Loss
- Negative balance
- Financial trouble
