Pyrrhic Victory

calender iconUpdated on February 24, 2024
corporate finance and accounting
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Sure, here’s the definition of pyrrhic victory:

Pyrrhic victory: A victory that comes at a high cost, often with long-term negative consequences.

Here’s an example:

The warrior won the battle, but he lost a limb in the process. This would be considered a pyrrhic victory.

Here are some other examples:

  • A politician gains power through deception, but loses the respect of the people.
  • A student achieves high grades by cheating, but fails to learn the material.
  • A company wins a lawsuit, but spends so much money on legal fees that it loses money in the long run.

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