high-stakes affair
- noun
- Presidential elections are high-stakes affairs.
Examples
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The merger was a high-stakes affair, with each company's future hanging in the balance.
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Competing in the championship game is always a high-stakes affair for the players and coaches.
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The negotiation turned into a high-stakes affair as both sides had a lot to gain or lose.
Synonyms
An activity that could make you lose a lot of money or get hurt
How Risky
Surface Forms
Morphology
high-stakes + affair
The phrase is transparently compositional: 'high' (large/intense) modifies 'stakes' (what is at risk), and 'affair' (a matter or event) yields an event involving large risks or consequences. This follows regular English compounding and adjective+noun logic, so a B1 learner who knows the constituents can derive the overall meaning without prior exposure.
Etymology
High-stakes affair comes from gambling. In bets a stake or stakes is what you risk and a high stake means a big 'bet', so the phrase means an event with a lot to lose or a big 'risk'.