On the wrong side where banks are concerned (2,3,3) Crossword Clue from June 03, 2024 Answer Revealed

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On the wrong side where banks are concerned (2,3,3) Crossword Clue Explanation:

The Clue “On the wrong side where banks are concerned (2,3,3)” means that it’s a type of puzzle known as a cryptic crossword clue. These clues can be tricky because they often use wordplay and double meanings. Let's break it down. "On the wrong side" suggests something negative or unfavorable. When we think about banks and money, being on the wrong side means not having enough money.

The part "where banks are concerned" directs us to think about financial terms and situations related to banks. Together, this clue points to a common phrase that describes being in debt or owing money to the bank. The numbers (2,3,3) indicate the lengths of the words in the answer: a two-letter word, followed by a three-letter word, and another three-letter word. This helps us narrow down the possible phrases that fit this pattern.

Answer:

The answer is “IN THE RED”.

Answer Explanation:

The answer to the clue is "IN THE RED." This phrase fits the (2,3,3) pattern perfectly. In financial terms, "in the red" means that an account balance is negative, indicating that someone owes money or is in debt. When bank statements or financial reports are written, a negative balance is often shown in red ink, hence the term "in the red." If someone is "in the red," it means they have spent more money than they have, leading to a deficit.

This phrase is commonly used in banking and finance to describe situations where expenditures exceed income. For example, if a business is in the red, it means that the company is losing money and has debts. Understanding this phrase helps you grasp why "on the wrong side" in the clue suggests a negative financial situation, which is accurately described by the phrase "in the red.