Up to your ears / eyes
Definition:
Completely involved or overwhelmed by something, often to the point of being unable to handle or cope with it.(Completely involved or overwhelmed by something, often to the point of being unable to handle or cope with it.)
Examples:
She was up to her ears in work, trying to meet multiple deadlines simultaneously.
The business owner was up to his eyes in debt and struggling to keep the company afloat.
The student was up to his ears in studying for exams, leaving little time for other activities.
Windfall
Definition:
A sudden and unexpected large amount of money or financial gain, often received unexpectedly or as a result of luck or favorable circumstances.(A sudden and unexpected large amount of money or financial gain, often received unexpectedly or as a result of luck or favorable circumstances.)
Examples:
She received a windfall inheritance from a distant relative, allowing her to pay off her debts and invest in a new business.
The lottery winner experienced a windfall of millions of dollars overnight, drastically changing their financial situation.
The company’s stock price soared, resulting in a windfall of profits for the shareholders.
Write down
Definition:
To reduce the recorded value or accounting worth of an asset, often due to a decrease in its value or performance.(To reduce the recorded value or accounting worth of an asset, often due to a decrease in its value or performance.)
Examples:
The company had to write down the value of its inventory due to a decrease in demand and market prices.
The bank decided to write down the value of its loans as borrowers faced difficulties in repaying them.
The investor had to write down the value of their stock holdings after the company announced disappointing financial results.
Write off
Definition:
To formally acknowledge or record a loss or failure, often by removing the value or existence of an asset from financial records.(To formally acknowledge or record a loss or failure, often by removing the value or existence of an asset from financial records.)
Examples:
The company had to write off a significant portion of its accounts receivable as uncollectible debts.
The insurance company decided to write off the damaged vehicle as a total loss.
The lender had to write off the unpaid loan as a bad debt after numerous attempts to collect payment.
Beer money
Definition:
A small amount of money, often used for non-essential expenses or leisure activities.(A small amount of money, often used for non-essential expenses or leisure activities.)
Examples:
He earned a bit of extra cash doing odd jobs on the weekends, which he used as beer money for social outings with friends.
She set aside a portion of her monthly budget as beer money to enjoy occasional treats or entertainment.
The college student worked part-time to earn beer money for weekend parties.
Golden handcuffs
Definition:
Financial incentives or benefits designed to keep an employee loyal to a company, often by providing substantial rewards or compensation that would be difficult to give up.(Financial incentives or benefits designed to keep an employee loyal to a company, often by providing substantial rewards or compensation that would be difficult to give up.)
Examples:
The executive was offered golden handcuffs in the form of a lucrative bonus package to discourage them from leaving for a competitor.
The company provided golden handcuffs to key employees by granting them stock options that would fully vest after a specific period.
The professional athlete signed a contract with golden handcuffs, including a high salary and various endorsement deals, to ensure they stay with the team.
Golden handshake
Definition:
A generous financial settlement or package offered to an employee, often as a form of severance or retirement benefit.(A generous financial settlement or package offered to an employee, often as a form of severance or retirement benefit.)
Examples:
The retiring CEO received a golden handshake worth millions of dollars as a reward for their years of service.
The company offered a golden handshake to employees affected by a round of layoffs, providing them with a substantial payout and additional benefits.
The government official negotiated a golden handshake as part of their resignation, entitling them to a significant lump-sum payment and continued benefits.
Pin money
Definition:
A small amount of money, often earned through part-time or casual work, used for personal or discretionary spending.(A small amount of money, often earned through part-time or casual work, used for personal or discretionary spending.)
Examples:
She took on a side gig to earn pin money for her hobby of collecting antique books.
The teenager babysat on weekends to earn pin money for going out with friends and buying small treats.
He enjoyed woodworking as a hobby and used the pin money he earned from selling handmade crafts to buy new tools or materials.
Snap up
Definition:
To quickly and eagerly acquire or purchase something, often before others have a chance to do so.(To quickly and eagerly acquire or purchase something, often before others have a chance to do so.)
Examples:
The concert tickets were highly sought after, and they were snapped up within minutes of going on sale.
The limited edition sneakers were released online, and sneaker enthusiasts snapped them up instantly.
The company offered a special discount on its new product, and customers snapped up the offer.
Take someone to the cleaners
Definition:
To defeat or outsmart someone completely, often in a financial or competitive context.(To defeat or outsmart someone completely, often in a financial or competitive context.)
Examples:
The experienced poker player took the novice to the cleaners, winning all their chips in a single hand.
The skilled negotiator took the opposing party to the cleaners, securing a highly advantageous deal.
The dominant team took their rivals to the cleaners, winning the game by a large margin.