Money idioms (3)

Put your money where your mouth is:

Definition:

To back up your words with actions or financial commitment.(To back up your words with actions or financial commitment.)

Examples:

1. If you truly believe in your idea, it’s time to put your money where your mouth is and invest in it.
2. The CEO decided to put his money where his mouth is and personally fund the company’s sustainability initiatives.
3. It’s easy to talk about helping others, but she actually puts her money where her mouth is by regularly donating to charity.

Rack up:

Definition:

To accumulate or gather, often used in the context of debts, expenses, or points.(To accumulate or gather, often used in the context of debts, expenses, or points.)

Examples:

1. He racked up a substantial credit card debt by overspending on unnecessary purchases.
2. The team racked up an impressive number of goals during the tournament.
3. She played video games all weekend and managed to rack up a high score.

Ringfence

Definition:

To set something apart or protect it from being affected or influenced by external factors.(To set something apart or protect it from being affected or influenced by external factors.)

Examples:

1. The company ringfenced its research and development budget to ensure it wouldn’t be affected by cost-cutting measures.
2. The government ringfenced the education budget to protect it from potential budget reductions.
3. The organization ringfenced the donations for a specific project to ensure they were used as intended.

Roll over:

Definition:

To extend or renew a financial obligation, such as a loan or debt, to a later date.(To extend or renew a financial obligation, such as a loan or debt, to a later date.)

Examples:

1. The borrower decided to roll over the loan for another month to avoid immediate repayment.
2. The credit card holder chose to roll over the balance to the next billing cycle and pay it off later.
3. The company negotiated with its lenders to roll over the debt and restructure the payment terms.

Run up debt:

Definition:

To accumulate or create a significant amount of debt through spending or borrowing.(To accumulate or create a significant amount of debt through spending or borrowing.)

Examples:

1. She ran up debt by using her credit card for unnecessary shopping sprees.
2. The business owner ran up debt by expanding too quickly and taking out multiple loans.
3. The student ran up debt by taking out student loans to pay for tuition, housing, and other expenses.

Saddled with debt:

Definition:

To be burdened or heavily encumbered by debt, often in a way that restricts financial freedom.(To be burdened or heavily encumbered by debt, often in a way that restricts financial freedom.)

Examples:

1. After the economic downturn, many homeowners were left saddled with debt and unable to sell their houses.
2. The small business owner was saddled with debt from a failed venture, making it difficult to start a new business.
3. The recent college graduate found herself saddled with student loan debt, making it challenging to save or invest.

Safe haven:

Definition:

A place or investment that is considered secure or protected from risks or volatility.(A place or investment that is considered secure or protected from risks or volatility.)

Examples:

1. During times of economic uncertainty, investors often turn to gold as a safe haven for their money.
2. Many people view real estate as a safe haven because it tends to hold its value over time.
3. Government bonds are often considered a safe haven investment due to their low risk of default.

Throw good money after bad:

Definition:

To continue investing money or resources in a failing or unproductive venture.(To continue investing money or resources in a failing or unproductive venture.)

Examples:

1. The company decided to throw good money after bad by pouring more funds into a project that had already proven unsuccessful.
2. He realized he was throwing good money after bad by repeatedly repairing his old car instead of buying a new one.
3. The investor regretted throwing good money after bad by continually buying shares of a declining stock.

Throw money at something:

Definition:

To spend or invest a large amount of money on a problem or situation, often without considering the effectiveness or efficiency of the expenditure.(To spend or invest a large amount of money on a problem or situation, often without considering the effectiveness or efficiency of the expenditure.)

Examples:

1. The government decided to throw money at the education system without addressing the underlying issues.
2. The company attempted to improve its public image by throwing money at marketing campaigns instead of addressing internal problems.
3. Instead of finding a long-term solution, he thought he could throw money at his relationship issues by buying expensive gifts.

Toxic assets:

Definition:

Financial assets or investments that have become worthless or highly risky, often due to substantial losses or poor performance.(Financial assets or investments that have become worthless or highly risky, often due to substantial losses or poor performance.)

Examples:

1. The bank was burdened with toxic assets from the housing market crash, leading to significant financial losses.
2. The investment portfolio was filled with toxic assets, making it difficult for the investor to recover their initial capital.
3. The company had to write down the value of its toxic assets, acknowledging their diminished worth on its balance sheet.