( informal ) to owe money to your bank because you have spent more than you have in your account :
The company has plunged $37 million into the red.
—compare be in the black
( informal ) to owe money to your bank because you have spent more than you have in your account :
The company has plunged $37 million into the red.
—compare be in the black
Oxford Advanced Learner's English Dictionary. Оксфордский английский словарь для изучающик язык на продвинутом уровне. 2005