(finance) A directional position or interest, by a dealer in a financial market - if one wishes to unload stock, one is “axed to sell" or “has an axe". Derived from “have an axe to grind", which is also used.
To lay off: to terminate a person's employment.
To furnish with an axle.
Other Word Forms of Axe
Origin of Axe
From Middle English, from Old English æx, from Proto-Germanic *akwisÄ«, probably from a Proto-Indo-European *hâ‚‚egÊ·s-ihâ‚‚- (“axe"), from *hâ‚‚eḱ- (“sharp, pointed"). Compare German Axt, Danish økse, Icelandic öxi, and also Latin acsia.
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