Etymology

no tickee, no washee

Today it means: Something is not to be had without an exchange; there will be no deal without the required consideration or recompense. Full definition →

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The story

A phrase stereotypically attributed to Chinese laundry workers in centuries past, who would only return a customer's washing when the ticket (receipt) was presented. See also -ee.

Etymology from Wiktionary, CC BY-SA 4.0.