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take a bath

   Also found in: Dictionary/thesaurus, Financial 0.03 sec.
take a bath (on something)
Sl. to accumulate large losses on a business transaction or an investment. (Alludes to getting soaked, a slang expression meaning "being heavily charged for something.") Sally took a bath on that stock that she bought. Its price went down to nothing. I'm afraid that I will take a bath on any investment I make.
See also: bath, take

take a bath  (mainly american)
to suffer a bad financial loss Several banks took a bath when the industry collapsed.
See also: bath, take

take a (financial) bath
to lose money on an investment Investors took a bath when they had to resell the bonds at lower prices than they had paid.
See also: bath, take


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? References in classic literature
On that fine summer night, and after a long day of traveling, might I not naturally take a bath in the cool water before I went to bed?
 
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