Also means
to gamble recklessly (informal)
Usage Note
Flamber literally describes fire shooting up intensely, as in a building or a torch flaring. Colloquially, flamber means to spend money wildly or to gamble away large sums. The adjective flambant neuf (brand new) shares the same root, suggesting something fresh and bright.
Examples
"La maison a flambé en quelques minutes."
Natural Translation
The house went up in flames in a few minutes.
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