Definition, Meaning & Synonyms
to throw good money after bad
idiom
/tə θroʊ ɡʊd ˈmʌni ˈæftər bæd/
Definition
To continue to invest money in a failing project or venture, hoping to recover losses.
Examples
- Despite the company’s poor performance, the investor decided to throw good money after bad by investing even more.
- It’s better to acknowledge that the project is failing than to throw good money after bad.
Meaning
This phrase reflects the idea that someone is wasting additional resources in pursuit of a failing endeavor, rather than cutting their losses.
Synonyms
- Chasing losses
- Throwing good money away
- Futile effort