Meaning of the word "on a razor's edge" in English

What does "on a razor's edge" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

on a razor's edge

US /ɒn ə ˈreɪzərz ɛdʒ/
UK /ɒn ə ˈreɪzərz ɛdʒ/
"on a razor's edge" picture

Idiom

1.

in a very dangerous or precarious situation; at a point where a small change could have either a very good or very bad result

Example:
The company's finances are on a razor's edge after the recent losses.
The negotiations were on a razor's edge, with either side ready to walk away.
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