Definition, Meaning & Synonyms

throw-good-money-after-bad

idiom
θroʊ ˈɡʊd ˈmʌni ˈæftər bæd
Definition
To continue to invest in a failing project or situation in the hope of recovering previous losses.
Examples
  • Even though their initial investment didn’t pay off, they decided to throw good money after bad by investing further in the project.
  • When he realized the business was failing, he needed to decide whether to throw good money after bad or cut his losses and move on.
Meaning
The phrase suggests that one should not spend more money on something that is already failing, as it is unlikely to yield positive results.
Synonyms
  • Chasing losses
  • Pouring good money after bad
  • Investing in failure