Back to Words and Their Stories

Learning Expressions with VOA

Processed with VS1

Gambling Expressions: Loss, Debt, and Dishonest Records

Recognize expressions for putting money into a game, major losses, debt, and falsified accounts—with clear cautions.

VOA source audio

Words and Their Stories · 5:01

Audio lesson

Source: VOA Learning English · Words and Their Stories

View original article & transcript
Read the full lesson summary

The episode tells a cautionary story about gambling losses and financial misconduct. This lesson treats the expressions as language to recognize in conversation and reporting; it is not advice to gamble or a strategy for making money.

Cultural note: Expressions such as “lose your shirt” and “go in the hole” can describe severe financial loss. “Cook the books” means deliberately falsify financial records and implies wrongdoing; use it only when the evidence supports that serious accusation.

Keep exploringSome money idioms sound playful, but in context they can describe real loss, debt, or crime.

Phrase guide · 4 expressions

Explore the expressions

Original explanations and examples, created for learners. Save a card for later or hear the phrase spoken by your browser.

Loss & debt

Recognize expressions for losing heavily or owing money.

ante up

Meaning

Pay a required initial amount to join a card game; more broadly, contribute what is expected.

Tone & use

Originates in gambling contexts. Outside games, it is informal and can sound forceful when asking someone to contribute.

Example

“Before joining the friendly card game, everyone anted up a small amount.”

NeutralInformal

lose your shirt

Meaning

Lose a very large amount of money.

Tone & use

Informal and often dramatic. It may be literal or exaggerated; do not use it to minimize someone’s real financial hardship.

Example

“The shop owner worried that a second round of repairs would make the business lose its shirt.”

NegativeInformal / idiomatic

go in the hole

Meaning

End up owing money or operating at a loss.

Tone & use

Informal. In business or budgeting, be specific about the amount and period when accuracy matters.

Example

“The community event went in the hole after rain reduced attendance and ticket sales.”

NegativeInformal

Financial misconduct

Understand a serious phrase for falsifying records.

Recognition caution

cook the books

Meaning

Illegally alter financial records to hide or misrepresent money.

Tone & use

Strong accusation of deliberate fraud. Recognition caution: use only when reliable evidence establishes falsification; otherwise say “the records may be inaccurate.”

Example

“Investigators alleged that the executive had cooked the books to conceal expenses.”

NegativeInformal / criminal-context

Recognition caution: this phrase implies intentional financial fraud; do not use it as a casual synonym for an accounting error.

Knowledge check

Try it

Choose the expression that best fits each situation.

Try it · Choose the best expression

1 of 3

A project’s expenses exceed its income, leaving it with a deficit. Which phrase could describe the result?