Skase

British

/ ˈskeɪs /

noun

informal to skip the country while owing a large amount of money

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of Skase

C20: after the Australian businessman Christopher Skase (1948–2001), who fled Australia after the collapse of his business empire, owing millions of dollars

Example Sentences

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Skase

Christopher Skase is wanted in Australia, following the 1989 collapse of his highly leveraged firm, Qintex, under $1 billion in debts.

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023