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What is the origin of the phrase, “12 dollar word?

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What is the origin of the phrase, “12 dollar word?

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If I may be as so bold to forward my humble opinion… This phrase more than likely goes back to a time when not only did gypsies, merchants, and sheppards wander from town to town but also, teachers. It was not unknown for a teacher to wander from town to town and sell or barter a lesson to the local farmers and or their children. More than likely, someone actually paid $12 or the hen equivlant for a word such as clepsydraKLEP-suh-druh: a water clock…. * By the way, it’s $7.59 with discount for that lesson or your second finest laying hen…

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