Panic at having a capital loss? (4,4,4)
I believe the answer is:
lose ones head
'loss?' is the definition.
I don't know anything about this answer so I can't tell whether this works.
'panic at having a capital' is the wordplay.
'panic at' becomes 'loses' (I can't justify this - if you can you should give a lot more credence to this answer).
'having' is an insertion indicator.
'a' becomes 'one'.
'capital' becomes 'head'.
'loses' going around 'one' is 'loseones'.
'loseones'+'head'='LOSE ONES HEAD'
Can you help me to learn more?
(Another definition for lose ones head that I've seen is " Cease to maintain control".)