Expression: "Close, but no cigar."
Meaning: Traditions of celebrating victory involve opening up bottles of champagne, smoking cigars, and much more. If you almost win something but do not, that moment to drink champagne or smoke a cigar comes very close but does not actually happen. This expression has evolved to be used even when physical cigars are not present and, in fact, when no one present ever smokes cigars.
Example: After someone comes very close to winning something but does not, anyone says, "close, but no cigar."
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