Lose (one's) shirt American informal slang verb phrase
If one "loses his/her shirt", he/she loses a lot of or all of money as a result of a bad bet or investment.
Many investors have lost their shirts since the outbreak of Covid-19.
He lost his shirt when the company went bankrupt.
You can lose your shirts if you bet all your money on this horse.
To quit; to give up, stop doing something because you know that you cannot succeed; admit defeat
save as much money as possible
Used to say that someone attempts to get money from you.
Feeling worried about finance.
The verb "lose" should be conjugated according to its tense.
To be very wet
Because of forgetting bringing an umbrella, I look like a drowned rat when it rains.