bank of mum and dad

1. Alternative letter-case form of Bank of Mum and Dad

   That means that those with access to the bank of mum and dad can get on the property ladder... while those who do not are locked out.

   2007, Michael Gove, Hansard

alternative bank of Mum and Dad · alternative bank of mum and dad

1. UKhumorousOne's parents, regarded as a source of financial support.

   Borrowed money isn’t your money – you have to pay it back eventually, plus interest (unless it’s a private loan from the Bank of Mum and Dad).

   2004, Karla Fitzhugh, “[Money] Debt”, in The Virgin University Survival Guide, London: Virgin Books, →ISBN, page 125

   2 more examples

   The fees might be higher, but they’re going to be repaid out of the earnings of the student after they’ve left university or college, rather than borrowed from the Bank of Mum and Dad.

   2005, Sean Coughlan, “[Tuition fees: 2006 and all that] Student responsibility”, in The Student Finance Guide: Fees, Grants and What It Costs, London: Kogan Page, →ISBN, part 1 (University challenge), page 24

   You know the Bank of Mum and Dad when you see it: it’s your friend who seems broke, but always has a safety net, or who suddenly (but discreetly) acquires the deposit for a home.

   2024 November 17, Eliza Filby, “Bank of Mum and Dad: why we all now live in an ‘inheritocracy’”, in The Observer, →ISSN

1. Alternative letter-case form of bank of mum and dad.

   First-time buyers were borrowing from the bank of Mum and Dad – and their money came from the rises in their parents’ property.

   2009, Michael Baxter, Kenn Herskind, “[The positive feedback loop] This time it is different”, in Bubbles and Wisdom: A Book about Evolution Economics and How the Evolving Economy Has Four Speeds: Slow, Dead Slow, Stop and Faster than a Speeding Bullet, [London]: Asenta Publishing, →ISBN, part I (Bubbles), page 42

   5 more examples

   Talking to your kids about money in the right way is essential. It’s not the lack of funds from the bank of Mum and Dad that frustrates today’s teenagers but more the lack of decent advice from parents on how to manage money.

   2009, Moira O’Neill, “What to teach your kids about money”, in Saving and Investing for Your Children: How to Build a Nest Egg for Your Family, London: A & C Black, →ISBN, page 190

   What, we wondered, could replace the youth and energy they [children] had brought to our lives? Of course, we were still occupied by phone calls, emails and the occasional visit, the requests for help and advice and sporadic donations from the bank of Mum and Dad, but it became increasingly apparent that an injection of something we were at a loss to define was necessary to re-invigorate us.

   2011, Jenni Murray, “Honey, I Want a Chihuahua”, in My Boy Butch: The Heart-Warming True Story of a Little Dog Who Made Life Worth Living Again, London: Harper, →ISBN, page 38

   Not least they can be relaxed because, like the young Richard Branson when he had to make restitution to Her Majesty’s Revenue and Customs for his crime of VAT fraud, they too are generally able to turn to the bank of Mum and Dad to rescue them from what otherwise would very likely have been a prison sentence in Branson’s case.

   2011, Soki Tomb, “Students!”, in Ways Not to Pay: The Manual on Debt Avoidance, [Great Britain]: THAFA Press, →ISBN, part 1 (The Knowledge), page 215

   If you are struggling, then the Erasmus grant will help, but again it doesn’t get paid until after your first month. You can borrow money from the bank of Mum and Dad, or if you are really desperate I know someone who asked the school for help and they lent him €500 for the first month and a half.

   2013, Kirsty Adams, “Lesson 11: Wages”, in A Student Abroad: The Ultimate Guide, [Glasgow?]: Kirsty Adams, →ISBN, page 48

   She didn’t have a term-time job, she wasn’t getting bungs from the bank of Mum and Dad, and her student loan account was a lot less in the red than most.

   2013, Mark Peterson [pseudonym; Richard Bingham], chapter 10, in A Place of Blood and Bone, London: Orion Books, →ISBN, page 115