Meaning of “wave/say goodbye to sth” in the English Dictionary

british dictionary

"wave/say goodbye to sth" in British English

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wave/say goodbye to sth

informal humorous

to accept that you will no longer have something you value or that you will not get something you hoped to receive:

Well, if you've argued with your boss you can wave goodbye to any chances of promotion!

(Definition of “wave/say goodbye to sth” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)