Pronunciation: [t͡ʃˈanst ɪt] (IPA) 
The phrase "chanced it" is pronounced /tʃænst ɪt/. The first syllable is pronounced with the "ch" sound, followed by a short "a" sound and the "-nce" sound pronounced /ns/. The second syllable features a short "i" sound followed by a hard "t" sound. The phrase means to take a risk or gamble on something. People often use this expression to describe a decision they made despite knowing the possible negative outcomes.
The phrase "chance it" is an idiomatic expression that refers to taking a risk or embarking on an uncertain endeavor with the hope of favorable outcomes. It implies a willingness to gamble or rely on luck rather than relying on careful planning or certainty. When someone says they are going to "chance it," they are basically expressing their intent to take a leap of faith, despite potential consequences or uncertainties.
The phrase can be used in various contexts, ranging from personal endeavors to professional situations. For example, in personal relationships, someone might say they are going to "chance it" by confessing their feelings to someone, knowing that rejection is possible. In a professional setting, an entrepreneur might decide to "chance it" by investing their savings into a new business venture instead of taking the conventional path of employment.
Ultimately, "chance it" often conveys a sense of seizing opportunities without the guarantee of success or without being able to predict the outcome. It encompasses an element of risk-taking, spontaneity, and an adventurous spirit. While the phrase does not quantify the magnitude of risk or the probability of success, it reflects an attitude of embracing uncertainty and stepping outside one's comfort zone in pursuit of potential rewards.
The phrase "chanced it" is a colloquial expression that originated from Middle English. Its etymology can be traced back to the Old French word "chans" meaning "luck" or "fortune", which in turn evolved from the Latin word "cadentia" meaning "a falling". The concept of taking a chance or gambling on something thus became associated with luck or fortune. Over time, "chanced it" came to mean taking a risk or attempting something with uncertain or unpredictable consequences.
