PHONE: 414-223-1099 TOLL-FREE: 1-800-236-1096
SEND US A QUESTION OR COMMENT FOR OUR NEXT SHOW

For What It’s Worth: Palm Grease

payday Lead

By Joel Dresang

A recent article about a popular bar in Washington, D.C., noted that lines to the door have been so long that wannabe customers have resorted to bribing their way in.

“If you don’t want to wait,” the article in the Washingtonian advised, “save the palm grease and buy a $20 ticket for timed entry.”

The practice of slipping someone a bribe and saying you’re greasing their palm has been going on for centuries.

The Oxford English Dictionary describes “palm-grease” as “Money, especially when given as a bribe or inducement.” But where does that come from?

I have been writing about the etymology of curious financial expressions off and on since 1987, when I was a reporter at the Rochester (N.Y.) Times-Union. Since then, the internet has vastly improved access to research material, but once in a while, terms remain without a clear-cut map of their origins. In such cases – as with palm grease – we’re left to connect the dots on the various partial explanations that are available.

For What It’s Worth is an occasional look at the meanings and origins of words and expressions investors may encounter.

One of my favorite reference books for word histories, the Morris Dictionary of Word and Phrase Origins, lists “grease” as a synonym for money under entries for both “simoleon” and “payola.” (As a reflection of its importance, money has a nearly endless list of nicknames.)

The American Heritage Idioms Dictionary suggests that to grease someone’s palm or hand was first mentioned in the first half of the 1500s and that “grease” is used in the sense of “enrich.”

Another of my go-to books, 2107 Curious Word Origins, Sayings & Expressions, says the English expression “grease someone’s palm” comes from the French phrase, “oindre la paume a quelqu’un.”

What’s interesting about that is that oindre is the French verb “to anoint.” In that context, to grease someone’s palm is to anoint someone, to heal them, to enrich them, even to bless them – but to do so in a manner that can be out of view, even under the table.

My initial notion was to equate “greasing someone’s palm” with “greasing the skids,” which entails helping things runs smoothly. However, this sense of anointment would suggest we’re not talking about grease as a lubricant as much as an unguent, an ointment, a balm.

The purpose of palm grease is to smooth the way for the person paying it – to skip ahead in the line to that bar in Washington, for instance. But it’s supposed to work because it enriches the person receiving it.

Variations of “grease someone’s palm” include “cross someone’s palm,” “browse someone’s palm,” “oil someone’s palm” and “oil someone’s hand.” In each case, the grease that’s applied is money, a bribe that directly benefits the one whose hand is out with the intention of greasing the skids for the person giving it.

Joel Dresang is vice president-communications at Landaas & Company.

(initially posted March 16, 2018)

Send us a question for our next podcast.
More information and insight from Money Talk
Money Talk Videos
Follow us on Twitter.

Landaas newsletter subscribers return to the newsletter via e-mail


Text Size:  A  A  reset

No client or potential client should assume that any information presented or made available on or through this website should be construed as personalized financial planning or investment advice. Personalized financial planning and investment advice can be rendered only after engagement of the firm for services, execution of the required documentation, and receipt of required disclosures.
Landaas & Company performs investment advisory services only in those states where it is licensed, or excluded or exempted from state investment advisor licensing requirements. All responses to inquiries made by prospective customers to this internet site will not be made absent compliance with state investment advisor and investment advisor rep licensing requirements, or applicable exemptions or exclusions from licensing.
Please contact the firm for more information.
MEMBER FINRA MEMBER SIPC MSRB REGISTRANT

Powered By: mindspike design
ADDRESS: 411 E. WISCONSIN AVENUE, 20TH FLOOR MILWAUKEE, WI 53202
© 2024 Landaas & Company