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English definition of “gamble”

gamble

noun [C, usually singular]     /ˈɡæmbl/
an action that involves risk but that could have a good result: Homebuyers who are willing to take a gamble that interest rates will stay low can get a mortgage at less than 3%. The gamble paid off and the President's reputation as a strong leader was enhanced. a big/huge/massive gamble
(Definition of gamble noun from the Cambridge Business English Dictionary © Cambridge University Press)
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