Definition
Money earned with little effort.
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How People Actually Use It
Money for old rope A old saying that means getting money for nothing or doing nothing. It originates from a time when hangmen used to get to keep the rope from the condemned as a perk of the job and unscrupulous hangmen would just keep the rope and then sell pieces of old rope to gullible souvenir hunters at hangings instead.
"I cant believe he was paid to sit around watching TV talk about money for old rope!"
Source: Urban Dictionary