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lose one's shirt

British pronunciation/lˈuːz wˈɒnz ʃˈɜːt/
American pronunciation/lˈuːz wˈʌnz ʃˈɜːt/
to lose one's shirt
[PHRASE]
1

to lose a big sum of money, often due to a risky bet or investment

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to [lose] {one's} shirt definition and meaning

What is the origin of the idiom "lose one's shirt" and when to use it?

The origin of the idiom "lose one's shirt" is unclear, but it likely evolved from the idea of losing one's clothing, specifically the shirt, which represents a significant and valuable possession. It is used to describe someone who experiences a significant financial loss, often to the point of losing a substantial portion of their wealth or assets.

Examples
1The gambler was taking high risks and eventually lost his shirt, leaving him in financial ruin.
2After investing heavily in a failed business venture, he lost his shirt and was left with almost nothing.
3Despite his optimistic outlook, the entrepreneur lost his shirt when the startup he founded failed to attract enough customers
4I don't know what it is, but get ready to lose your shirt and your stuff and your vest.
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