take a chance

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take a chance

He decided to take a chance and invest his savings in the new company.

Definition
  1. Verb (intransitive):
    • To accept the possibility of failure or loss in order to try to achieve a desired result: To act while acknowledging uncertainty and potential negative consequences, hoping for a positive outcome.
Usage
  • This verb phrase is used to describe an action where the outcome is uncertain and involves risk. It implies a deliberate decision to proceed despite the risk.
  • It is often followed by an infinitive ("to" + verb) or used with a prepositional phrase beginning with "on" to specify the risked action or opportunity.
  • Common Structures:
    • take a chance (by itself)
    • take a chance on [something/someone]
    • take a chance to do [something]
Examples
  • Verb:
    • I decided to take a chance and apply for the job, even though I didn't meet all the qualifications.
    • The investor was willing to take a chance on the new startup company.
    • She took a chance to travel the world before starting university.
Advanced Usage
  • "to take a chance on life/love": To embrace uncertainty in fundamental aspects of existence or relationships.
    • After his recovery, he vowed to take a chance on life and pursue his dreams.
  • "nothing ventured, nothing gained": This idiom encapsulates the philosophy behind choosing to "take a chance."
Variants and Related Words
  • Take chances (verb phrase, plural): To behave in a habitually risky manner.
    • He takes too many chances when he drives.
  • Chance (noun): The unknown and unpredictable element of an outcome; an opportunity.
  • Risk (verb/noun): To expose to danger or loss; the possibility of such danger or loss.
Synonyms
  • Gamble: To play games of chance for money; to take risky action in the hope of a desired result.
  • Risk it: To accept the possibility of a bad outcome.
  • Try one's luck: To attempt something with an uncertain outcome.
Related Phrasal Verbs / Phrases
  • Take a risk: Very similar in meaning, often used interchangeably. "Risk" can sometimes imply a more quantifiable or serious potential loss.
    • Starting your own business means you have to be prepared to take a risk.
  • Chance it (informal): To decide to do something despite the risk.
    • The weather looks bad, but let's chance it and go for a hike anyway.
Related Idioms
  • Throw caution to the wind: To stop being careful and act in a reckless way.
    • He threw caution to the wind, quit his job, and moved to Paris.
  • Go out on a limb: To put yourself in a risky or vulnerable position to support someone or something.
    • I'm going out on a limb to recommend him for the position.
take a chance

He decided to take a chance and invest his savings in the new company.

Verb
  1. take a risk in the hope of a favorable outcome
    • When you buy these stocks you are gambling