Money Idioms (2)

Fill the coffers:

Definition:

To accumulate wealth or resources, often through increased revenue or donations.(To accumulate wealth or resources, often through increased revenue or donations.)

Examples:

1. The successful fundraising campaign helped the charity fill its coffers and expand its programs.
2. The government imposed new taxes to fill the coffers and fund public infrastructure projects.
3. The company launched a new product that quickly filled its coffers with substantial profits.

(Take) a hit / a haircut:

Definition:

To experience a loss, setback, or reduction, often related to financial matters.(To experience a loss, setback, or reduction, often related to financial matters.)

Examples:

1. The stock market crash caused many investors to take a hit and lose a significant portion of their savings.
2. The company had to take a haircut on its profits due to unexpected production costs.
3. The employee had to take a hit in their salary during the company’s restructuring process.

In the market for:

Definition:

Actively looking to buy or acquire something.(Actively looking to buy or acquire something.)

Examples:

1. I’m in the market for a new car, so I’ve been visiting different dealerships.
2. She’s in the market for a new laptop because her old one broke down.
3. They are in the market for a larger house to accommodate their growing family.

Pay off:

Definition:

To have a successful outcome or result, often after making efforts or taking risks.(To have a successful outcome or result, often after making efforts or taking risks.)

Examples:

1. All her hard work paid off when she received a promotion at work.
2. The long hours of studying paid off, and he passed the exam with flying colors.
3. The team’s dedication and training paid off when they won the championship.

Pay your way:

Definition:

To cover your own expenses or contribute your fair share of the costs.(To cover your own expenses or contribute your fair share of the costs.)

Examples:

1. He believes that everyone should pay their way and not rely on others for financial support.
2. The group of friends decided to split the bill equally to ensure that everyone paid their way.
3. The young adult moved out of their parents’ house and started paying their way by getting a job.

Payday loan / lender:

Definition:

A short-term loan with high-interest rates, often due to be repaid on the borrower’s next payday.(A short-term loan with high-interest rates, often due to be repaid on the borrower’s next payday.)

Examples:

1. She had to resort to a payday loan to cover her unexpected medical expenses.
2. The payday lender charged exorbitant interest rates, causing the borrower to fall into a cycle of debt.
3. He regretted taking out a payday loan due to the high fees and interest rates involved.

Pick up the bill:

Definition:

To pay for the expenses or the total cost of something, often in a social setting.(To pay for the expenses or the total cost of something, often in a social setting.)

Examples:

1. As a gesture of gratitude, he offered to pick up the bill for dinner with his friends.
2. The boss generously picked up the bill for the team’s celebratory lunch.
3. The couple decided to split the bill instead of one person picking it up.

Play the market:

Definition:

To engage in buying and selling of stocks, securities, or other financial instruments in an attempt to make a profit.(To engage in buying and selling of stocks, securities, or other financial instruments in an attempt to make a profit.)

Examples:

1. He made a fortune by playing the market and successfully predicting stock trends.
2. The experienced investor knew how to play the market to maximize returns on their investments.
3. She lost a significant amount of money playing the market due to risky investment choices.

Plough into:

Definition:

To invest a significant amount of money, time, or effort into something.(To invest a significant amount of money, time, or effort into something.)

Examples:

1. The company decided to plough into research and development to innovate its product line.
2. She ploughed into her studies to pass the challenging exam.
3. The philanthropist ploughed into funding education initiatives to support underprivileged students.

Put your hand in your pocket:

Definition:

To contribute money or pay for something from one’s own resources.(To contribute money or pay for something from one’s own resources.)

Examples:

1. The generous donor put their hand in their pocket and made a substantial contribution to the charity.
2. It’s time for everyone to put their hand in their pocket and donate to the community center project.
3. The responsible roommate always puts their hand in their pocket and covers their fair share of the rent.