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no soap

From Wiktionary, the free dictionary

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English

Etymology

The phrase appears, with no clear meaning, in a 1755 Samuel Foote nonsense prose poem, "The Grand Panjandrum". In the U.S., soap took on the meaning of money (see OED), and so no soap was a denial of money, say in response to a request for some.

Phrase

no soap

  1. (idiomatic, slang, dated) It is (or was) a failure.
    Synonyms: no joy, nothing doing

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