be in the red(redirected from are in the red)
be in the red
To be in debt. This phrase is often applied to businesses and refers to the traditional bookkeeping practice of writing outgoing funds in red ink (and incoming funds in black). We're back in the red because sales are way down this quarter. I have so many outstanding parking tickets that I'll be in the red if I pay them all off at once! My friend could never get promoted when she worked here, but I've been in the right place at the right time.
See also: red