Meaning of the word "in the red" in English

What does "in the red" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

in the red

US /ɪn ðə rɛd/
UK /ɪn ðə rɛd/
"in the red" picture

Idiom

1.

operating at a loss; in debt

Example:
The company has been in the red for three consecutive quarters.
My bank account is always in the red by the end of the month.
Learn This Word at Lingoland