A gambit involves taking a risk to gain a future advantage, often used in competitive scenarios. Launching the new product first was a gambit to capture the market.
Pro Tip 2/3
Calculated Risk
Using 'gambit' often implies a planned, strategic risk rather than a reckless move. The politician's gambit to engage with younger voters could tip the scales.
Pro Tip 3/3
Business Context
In business, a gambit refers to bold decisions made to outdo competitors or change the game. Their low pricing was a gambit to unsettle the established players.