To miss an opportunity.
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To miss a chance because you acted too late.
When you miss the boat, the moment has already gone and there is no getting it back.
It is used when someone waits too long and the chance slips away.
"Let the Opportunity Slip"
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To allow a good chance to pass without taking it
"Too Little, Too Late"
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An effort made that is insufficient and past the point of helping
"Miss the Boat"
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To fail to act in time and lose out on an opportunity