in the hole

(redirected from go in the hole)

*in the hole

Fig. in debt. (*Typically: be ~; get ~; go ~; put someone ~.) I'm $200 in the hole. We went into the hole on that deal.
See also: hole

in the hole

1. In debt; in trouble, especially financial trouble. For example, Joan is too extravagant; she's always in the hole, or Buying all these Christmas presents will put us in the hole for the next few months. [Colloquial; early 1800s] Also see in a bind.
2. In trouble in a competitive sport. For example, At three balls and no strikes, the pitcher's in the hole, or The batter's got two strikes on him; he's in the hole. [Slang; late 1800s]
3. In a card game, scoring lower than zero. For example, Only one hand's been dealt and I'm already three points in the hole. This expression alludes to the practice of circling a minus score in the old game of euchre. The antonym for all three usages is out of the hole, as in It took careful financial management to get Kevin out of the hole, or An experienced pitcher often can manage to get out of the hole. Also see ace in the hole.
See also: hole

in the hole

AMERICAN, INFORMAL
If a person or organization is in the hole, they owe money to someone else. The company is $4 billion in the hole. By the time they ask for help, these families are so deep in the hole, it's too late. Note: The `hole' referred to here may have been a slot (= narrow hole) which was cut in the surface of a poker table in a gambling house. The money which the house charged was placed in the slot, and fell into a locked drawer. Gamblers who owed money to the house were said to be `in the hole'.
See also: hole

in the hole

mod. in debt; running a deficit. Looks like we are in the hole again this month.
See also: hole

in the hole

1. Having a score below zero.
2. In debt.
3. At a disadvantage.
See also: hole
References in periodicals archive ?
In addition, stringing, welding, and positioning the pipe to go in the hole proved quite a challenge for Troy's crews due to the limited space and layout of the ExxonMobil pipeline corridor.