单词 | pig on pork |
释义 | > as lemmaspig on pork pig on pork n. (also pig on bacon) Business slang (chiefly British) income or credit generated by drawing or borrowing money from a branch or subsidiary of one's own firm, or from a firm with which one is intimately connected, so that drawer and drawee are effectively one and the same; esp. in to draw pig on (also upon) pork. Also: the practice of generating income in this way; an accommodation bill drawn in this way. ΘΚΠ society > trade and finance > financial dealings > types of money-dealing > [verb (intransitive)] > use bills of exchange redraw1697 to fly a kite1808 shave1832 to draw pig on (also upon) pork1846 to fly a bill1861 society > trade and finance > money > medium of exchange or currency > paper money > promissory notes or bills of exchange > [noun] > drawn by a house on itself pig on pork1846 house bill1909 1846 Times 30 Nov. 3/1 Intermediate bills of the kind in dispute are subject to the laws which govern all other bills... In Yorkshire among the clothiers of the West Riding they bear the not very elegant title of ‘Pig upon Bacon’. 1872 Porcupine 16 Nov. 515/2 In Liverpool..issuing a bill on their London branch establishment..in commercial phraseology, is termed drawing ‘pig upon bacon’. 1920 A. C. Pigou Econ. of Welfare ii. v. 144 The variety of accommodation bills known as ‘pig-on-bacon’, where the acceptor is a branch of the drawing house under an alias, is..different. 1956 C. R. Fay Adam Smith & Scotl. his Day v. 70 There was also what the city came to call pig on pork—Edinburgh drawing on London, London on Edinburgh. 1998 Financial Times (Nexis) 28 Nov. 7 The technique used to generate that income, known to insiders as ‘pig on pork’, remains highly controversial. < as lemmas |
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