An elliptical expression for ready-money. Goldsmith says, “Æs in presenti perfectum format” (“Ready-money makes a man perfect”). (Elon Latin Grammar.)
“Lord Strut was not very flush in the ‘ready.ʹ”—Dr. Arbuthnot.
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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.