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to lose one's shirt

to lose one's shirt

3 7.3
To be left with almost no money after a bad bet or investment
  • idiom
  • Informal
translation icon : perder todo el dinero
  • When the stock market crashed, many investors lost their shirts overnight.

Examples

Synonyms

to throw money away
vsto lose one's shirt
4 3.5

Spend money on things you do not need

is a total loss mainly from poor investment risk not mere waste
to bleed money
vsto lose one's shirt
  • Informal
2 7.7

To lose a lot of money over time

is a more extreme single-event ruin caused by a risky decision
to bleed red ink
vsto lose one's shirt
  • Informal
7.8

To lose a lot of money over a long time

is focused on a one-off dramatic loss from risk rather than ongoing losses

How Costly

to lose one's shirt
  • Informal
3 7.3

Surface Forms

lose one's shirt infinitive
losing one's shirt present participle
loses one's shirt third person singular
lost one's shirt past participle

Morphology

lose + one + shirt

The sense 'to lose all or most of your money' is idiomatic and cannot be derived from the literal meanings of 'lose' and 'shirt' — a B1 learner who knows the constituent words would likely interpret it as losing an item of clothing. The possessive 'one's' and the clothing noun do not transparently signal financial loss, so prior exposure or cultural knowledge is required to understand the idiomatic meaning.

Etymology

The idiom lose one's shirt may come from old gambling stories where someone lost so much money they had to give up their clothes, even their shirt. So, saying lose one's shirt means 'to lose all or most of your money'.