Definition of Pyrrhic Victory
What is a pyrrhic victory? what is the definition of the term pyrrhic victory?
The term "pyrrhic victory" refers to a victory that has come at a great cost, either monetary or otherwise. The "Pyrrhic victory" is so destructive to even the victor that another battle, even if it resulted in another victory, would be unimaginable due to the extremely high cost.

Pyrrhus said at the time that "one more such victory would utterly undo him" due to the heavy losses that his army had suffered in the conflict.
A "pyrrhic victory", in the financial world, could be used to describe a successful fending off of a hostile takeover that ends up costing untold amounts in legal fees.
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