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