"nice try"의 정의 및 의미

What is the context of use of 'nice try'?

"Nice try" is often used in a casual or informal context to acknowledge someone's effort or attempt at something, even if the attempt was unsuccessful or not entirely effective. It's commonly used in situations where there's a playful or light-hearted tone, and it can carry varying degrees of sarcasm or genuine appreciation depending on the context.