Meaning of the word "have nothing to lose" in English

What does "have nothing to lose" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

have nothing to lose

US /hæv ˈnʌθɪŋ tu luːz/
UK /hæv ˈnʌθɪŋ tu luːz/
"have nothing to lose" picture

Idiom

1.

to be in a situation where you cannot make things worse by trying to achieve something, so you should try

Example:
I decided to apply for the scholarship; I have nothing to lose.
Go ahead and ask her out. You have nothing to lose.
Learn This Word at Lingoland