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Stùmp Up

.

Pay your reckoning; pay what is due. Ready money is called stumpy or stumps. An Americanism, meaning money paid down on the spot—i.e. on the stump of a tree. (See Nail.)

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Entry taken from Dictionary of Phrase and Fable, edited by the Rev. E. Cobham Brewer, LL.D. and revised in 1895.