🗓️ Idiom: Taking a Hit
💬 Meaning
- To suffer a financial loss or negative impact, often due to external events or poor performance.
- To experience a decrease in value, profits, or reputation.
🧠 Example Sentences
- Our profits took a hit after the new competitor entered the market.
- The company is taking a hit due to rising material costs.
- Investors took a hit when the stock price dropped unexpectedly.
🏛️ Origin
Originally from physical combat or sports, where “taking a hit” means receiving a blow. In business, it evolved metaphorically to refer to losses or damage, especially financial.
📝 Practice Exercises
1. Fill in the blank:
The tech industry is __________ after new government regulations were introduced.
Answer
taking a hit
2. Choose the correct meaning of “taking a hit”:
A) Gaining unexpected profit
B) Suffering a loss or setback
C) Hiring a new team member
Answer
B) Suffering a loss or setback
3. Rewrite the sentence using the idiom:
“The business experienced a major financial loss this quarter.” → Change the sentence using: taking a hit
Answer
The business took a hit this quarter.
ℹ️ Other Useful Pages
👉 Finance and Accounting Idioms
👉 Business English Idioms List
👉 Student Space
👉 Tutor Toolkit
