Definition of Gold brick

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TeachMeFinance.com - explain Gold brick




historic definition...

Gold brick -- A colloquial term or synonym for swindle. The term is derived from the fraudulent operation in which a brick or bar of base metal covered with gold is sold as a brick or bar that is all gold. The expression "buying a gold brick" means buying something at a supposedly low price which as a fact is worthless.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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