Phrase guide
Definitions and examples are grouped by meaning. Pronunciation, history, word forms, translations, descendants, synonyms, antonyms, derived terms, and related words appear whenever the source provides them.
Sound
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No pronunciation record was provided for this word.
verb
To sell one's property (not necessarily heirlooms) in an attempt to avoid or escape financial difficulties.
Definition source: English Wiktionary via Wiktextract
Usage: dated, idiomatic
No example sentence was provided for this meaning.
Synonyms: none provided
Antonyms: none provided
verb
To sell a valuable or critical asset, especially for immediate or short-term gain.
Definition source: English Wiktionary via Wiktextract
Usage: idiomatic
Topics: business, finance, government, politics
No example sentence was provided for this meaning.
Synonyms: none provided
Antonyms: none provided
History
Referring to the selling of heirlooms. Use in reference to national policy popularized in a paraphrasing of a speech in 1985 by former British prime minister Harold Macmillan: “The sale of assets is common with individuals and states when they run into financial difficulties. First, all the Georgian silver goes, and then all that nice furniture that used to be in the saloon. Then the Canalettos go,” in reference the privatization policy of Margaret Thatcher.
