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Skase

British  
/ ˈskeɪs /

noun

  1. 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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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

From Time Magazine Archive

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

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.