Definition, Meaning & Synonyms
rob-peter-to-pay-paul
idiom
/ˈrɒb ˈpiːtər tə peɪ ˈpɔːl/
Definition
To take money from one source to pay another, often leading to a cycle of debt.
Examples
- His decision to rob Peter to pay Paul only worsened his financial situation.
- In trying to manage his debts, he felt he was just robbing Peter to pay Paul every month.
Meaning
This phrase refers to the act of solving a financial problem by taking away resources from one area to cover another, thereby not addressing the underlying issue.
Synonyms
- Borrow from one to pay another
- Move funds around
- Shifting debt