to take a hit
- phrasal verb
- The company took a huge hit in the market this week.
- take a big hit
You are built to take a number of hits this lifetime.
- You are built to take a number of hits this lifetime.
- I told them that they would take a hit, but then things would blow over.
- Ego development takes a major hit if you have a narcissistic parent.
- You know, kind of looks like that ankle couldn't take a hit.
- So, you know, oil was taking a hit.
- If the core should pass, we're going to take a hit, but we should still be able to function.
- And I think he's taken a lot of heat and Ted has taken a hit from the outside world as a result.
Examples
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Well, you've got state and local governments who have been taking a huge hit as a result of COVID.
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They've had, they've taken a big hit in the PR campaign.
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I told them that they would take a hit, but then things would blow over.
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But yeah, I think the build quality is allowed to take a hit if it means it can go smaller.
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Well, obviously the bar scene is is taking a big hit financially.
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The fund's investors take a hit, but they were presumably aware of the risks all along.
Academic text (2007) -
You know, Vayner X, our production company, which films live videos has taken a massive hit and lost half its revenue.
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Nontraditional financial institutions, like hedge funds and insurance companies, also took a hit of about $100 billion.
Academic text (2016) -
The business took a hit after the controversy, affecting its reputation significantly.
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After the poor sales report, the company's stock took a hit, losing several points in value.
Synonyms
To suddenly make someone feel a strong emotion
To fall suddenly in price or value
Start having serious problems that lead to failure
Suddenly stop or fail because of a big problem
Antonyms
How Bad
Surface Forms
Morphology
The meaning 'to experience a loss or setback' is directly derivable from combining 'take' (to receive) with 'hit' (a blow or damage) — the phrase literally means to receive a blow and metaphorically extends to reputation/finances. This metaphorical extension is common and predictable cross-linguistically, so a B1 learner who knows the constituent words would very likely infer the intended meaning.
Etymology
The phrase take a hit comes from the idea of being hit, like in a fight. When something is hit it is hurt or weakened, so when a person or business takes a hit they 'lose' money, reputation, or strength. That's why it means 'to experience a loss, damage, or setback'.