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Meaning of 'In for a penny, in for a pound'

What does the saying 'In for a penny, in for a pound' mean?

Idiom: In for a penny, in for a pound

Meaning:

If something is worth doing then it is a case of in for a penny, in for a pound, which means that when gambling or taking a chance, you might as well go the whole way and take all the risks, not just some.
Country: International English | Subject Area: Money | Usage Type: Both or All Words Used
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