Meaning of the word "up for grabs" in English

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

up for grabs

US /ʌp fɔr ɡræbz/
UK /ʌp fɔː ɡræbz/
"up for grabs" picture

Idiom

available for anyone to take or win

Example:
The last slice of pizza is up for grabs.
The championship title is still up for grabs.