Definition
To lose a large amount of money in an investment.
In Context
- "Shareholders took a bath when the company went bankrupt."
- "1983 December, ‘Look before you leap into a commodity pool’, in Kiplinger's Personal Finance, page 74, In the high-risk world of futures contracts, pooling the risks could be just another way to take a bath."
- "The lenders took a bath because they had to honor fixed rate loans of 5 to 10% while borrowing money at 15 to 20% to fund them."
- "The fastest way to take a bath in the stock market is to try to prove that you are right and the market is wrong."