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What does in the red mean?

Looking for the meaning or definition of the word in the red? Here's what it means.

Prepositional phrase
  1. (idiomatic, accounting) Having net losses; in debt.
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Examples
So, within a few days of my pay going into my bank account, I always was back in the red again.
Inch by inch, the aerialist in the red flamenco outfit edges her way up a tightrope.
This is the first time the company has been in the red, after previously churning out profits in its operations.
And she probably makes more money flashing her disfigurement in the red tops than she would by acting.
He's the one player on the roster who will grab a jump ball, which is why the team loves him in the red zone.
Sometimes, the startup costs are high, and for a few years the business will run in the red.

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