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banker's dozen

By analogy, a method of lending where the interest is deducted beforehand, archetypally borrowing twelve dollars (owing twelve dollars back, a dozen) but actually receiving only eleven.

Etymology:

  • A play on the phrase baker's dozen; it is one less than a dozen as compared to one more. See also bankers' hours.
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Submitted on July 07, 2010

Additional definitions for 'banker's dozen':

banker's dozenEleven
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Nearby phrases

Some more phrases from our dictionary similar to banker's dozen

baker's half dozensix of one, half dozen of anotherexcuses are a dime a dozendime a dozena dime a dozenDime a Dozensix of one, half a dozen of the otherhalf a dozenbakers dozentwenty to the dozencheaper by the dozenbaker's dozenbaker's dozendecimal dozen

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    "banker's dozen." Phrases.com. STANDS4 LLC, 2024. Web. 25 Dec. 2024. <https://www.phrases.com/phrase/bankers-dozen_11051>.

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