Dictionary
Words, grammatical forms and meanings linked to the ontology.
Bank of Mum and Dad en · PROPN
Meanings
-
(UK, humorous) One's parents, regarded as a source of financial support.
Borrowed money isn’t your money – you have to pay it back eventually, plus interest (unless it’s a private loan from the Bank of Mum and Dad).
2004, Karla Fitzhugh, “[Money] Debt”, in The Virgin University Survival Guide, London: Virgin Books, →ISBN, page 125:You know the Bank of Mum and Dad when you see it: it’s your friend who seems broke, but always has a safety net, or who suddenly (but discreetly) acquires the deposit for a home.
2024 November 17, Eliza Filby, “Bank of Mum and Dad: why we all now live in an ‘inheritocracy’”, in The Observer, →ISSN:The fees might be higher, but they’re going to be repaid out of the earnings of the student after they’ve left university or college, rather than borrowed from the Bank of Mum and Dad.
2005, Sean Coughlan, “[Tuition fees: 2006 and all that] Student responsibility”, in The Student Finance Guide: Fees, Grants and What It Costs, London: Kogan Page, →ISBN, part 1 (University challenge), page 24:
Forms