Definitions
from The Century Dictionary.
- noun In the language of produce-exchanges, the settlement of a number of contracts which call for the delivery of the same quantity of a commodity, the buyer in one being the seller in another, and the operation consisting in bringing the seller in the first contract and the buyer in the last together and dropping the intermediate parties. T. H. Dewey, Contracts, etc.
Etymologies
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Examples
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The ringing-out of the hour thirty minutes before you expect it is startling in the extreme; and your maid or man has a bad time of it until you discover the discrepancy.
The Strand Magazine, Volume V, Issue 28, April 1893 An Illustrated Monthly Various 1880
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