Meaning of the word "lose your shirt" in English

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

lose your shirt

US /luːz jʊər ʃɜːrt/
UK /luːz jʊər ʃɜːrt/
"lose your shirt" picture

Idiom

1.

to lose a lot of money, especially by gambling or a bad investment

Example:
He lost his shirt at the casino last night.
Many investors lost their shirts during the stock market crash.
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