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We use this expression to say that a quantity - usually money - is not very important for someone or something.
Written: Yes
Spoken: Yes
Formal: No
Informal: Yes
Example 1
She wears a lot of expensive jewellery. That gold ring must be worth thousands!
Sure, but she's a multi-millionaire, so that's a drop in the ocean for her.
Example 2
The government is spending £2 million on improving car parking in the city.
Yes, but that's a drop in the ocean compared to what they spend on arms.
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