Origin uncertain; according to the American etymologist and linguistAnatoly Liberman (born 1937), probably a nautical term drawing an analogy between paying a large sum of money andpaying out ananchor’s cable or chain through thehawseholes at thebow (metaphorically the “nose”) of a ship.[1] He is unconvinced of other explanations such as the following:[2]
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paythroughthenose (third-person singular simple presentpays through the nose,present participlepaying through the nose,simple past and past participlepaid through the nose)
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