Meaning of the word "you snooze, you lose" in English

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

you snooze, you lose

US /juː snuːz juː luːz/
UK /juː snuːz juː luːz/
"you snooze, you lose" picture

Idiom

if you do not pay attention or act quickly, you will miss an opportunity

Example:
I bought the last tickets while you were still thinking about it; you snooze, you lose.
You should have applied for the job earlier; you snooze, you lose.