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1.
US
UK
International
neutral
informal
To accept or undertake a course of action that involves risk or uncertainty in the expectation of a favorable outcome.
To risk money, resources, or reputation on an uncertain event or decision.
2.
US
UK
informal
colloquial
To try something experimental or unproven despite potential negative consequences; to take a chance on an untested possibility.
Examples:
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Sourced from Wiktionary