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Difference between Long shillings and Short money

long shillings —(UK coll.) good wages:

  • There are “long shillings” to be earned at the docks, but no easy ones; and the work is not only hard but dangerous.

short money

1. money to borrow or to lend upon shorttime loans:

  • Long-term money market interest rates fell, whereas short money market rates remained unchanged.

2. a small amount of money:

  • The weaknesses in his game were magnified by the fact that he was playing on short money.