in the black
This page is about the idiom in the black
Meaning
If a person or a company is in the black, their assets are greater than their debts.
For example
- It's taken a long time, but we've paid off our loans and we're in the black again at last.
- If you rearrange your debts and save more than you spend, you could be in the black again within three years.
This idiom is the opposite of being "in the red", which means to owe money or to be in debt.
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Contributor: Matt Errey