交臂失之

to miss sb by a narrow chance / to miss an opportunity

to hand over / to deliver / to pay (money) / to turn over / to make friends / to intersect (lines) / variant of 跤[jiao1]

linking arms / arm in arm / very close

arm

to lose / to miss / to fail

(possessive particle, literary equivalent of 的[de5]) / him / her / it