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Zuotengdazuo Posted 8 years ago
Grammar

What does “hit” mean?

More than $109bn (£83bn)was been wiped off Facebook’s market value on Thursday, including a $14.5bn hit to the fortune of founder Mark Zuckerberg, after the company warned investors that user growth had slowed in the wake of the Cambridge Analytica data leak scandal.

Hi. Does “hit” mean Mark Zuckerberg lost $14.5bn?

Thank you.

  

Top answer

Yes. It's slang.

— Clive

  • Yes.
  • It's slang.
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2 Answers
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to take a hit ~ to suffer an injury

In this case it was a financial injury.

CJ

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