- hole UK US /həʊl/ noun► [C] a loss or an amount that cannot be explained: »
He's a fund manager who has fashioned a career by finding the holes in financial statements.»
The company has revealed a £20m hole in its pension fund because of collapsing share markets.● be in a hole — Cf. be in a hole● in the hole — Cf. in the hole● make a hole in sth — Cf. make a hole in sth
Financial and business terms. 2012.