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| down-and-out |
adjective |
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1. jobless and poor: having no money or job, often no home, and little hope of things getting better
(
informal
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2. unable to carry on: completely incapacitated and unable to carry on
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noun (plural down-and-outs) |
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| Definition: |
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1. jobless poor person: somebody who lacks money, a job, and often a home
(
informal
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2. finance option extinction triggered by falling indicator: an option that expires if the asset's price falls to a given level
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