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markwest | 22:28 Fri 06th May 2005 | Phrases & Sayings
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What does "in the red" mean?
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Avatar Image tetherend
Usually refers to owing money, as in being overdrawn - in the red.
22:39 Fri 06th May 2005
Avatar Image spudqueen
I think it comes from the days when if you were overdrawn it was printed in red on your Bank statement.
23:07 Fri 06th May 2005
Avatar Image Ouisch
Spudqueen is correct - as recently as the 1980s, before computers were a given in the office, bookkeepers used red ink in ledger books to note minus amounts or minus balances.
06:38 Sat 07th May 2005
Avatar Image yourmother
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09:39 Sat 07th May 2005

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