To be in serious trouble; to be ruined, finished, or defeated. If mom and dad find out we took their car out last night, we're toast! Down by 45 points with only two minutes left in the game, it's pretty safe to say that the home team is toast at this point.
If someone is toast, they are about to lose their job or position or are about to be punished or killed. Her only comment on his dismissal was: `I told you he was toast.' If you don't do what they say, you're toast.
be toastbe or be likely to become finished, defunct, or dead. informal, chiefly North American
1998 Times A new star has entered the financial firmament. Look to your laurels, George Soros , Warren Buffett , you're toast.