Rio trade

Rio trade
   a desperate gamble
   Made by a dealer or punter seeking to recover previous heavy losses:
   At first I thought it was a Rio trade, which is where someone makes a last-ditch attempt to recover losses by betting their bank or, if that fails, books a one-way ticket to Brazil. {Daily Telegraph, 19 November 1998 — a trainee dealer had lost over ten million pounds by mistakenly entering a transaction to sell securities worth over eleven billion)

How not to say what you mean: A dictionary of euphemisms. . 2014.

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