bottom of the harbour

English - English

Definition of bottom of the harbour in English English dictionary

A tax avoidance scheme from the 1970s

1982: The 'bottom of the harbour' scheme was so named because a company once stripped of its assets, was dumped and, like a body in a cement suit, sank never to be seen again. — Sydney Morning Herald, 5 June 1982, page 13. Quoted in G. A. Wilkes, A Dictionary of Australian Colloquialisms, second edition, 1985, Sydney University Press, ISBN 0-424-00113-6.

Hyphenation

bot·tom of the har·bour

Turkish pronunciation

bätım ıv dhi härbır

Pronunciation

/ˈbätəm əv ᴛʜē ˈhärbər/ /ˈbɑːtəm əv ðiː ˈhɑːrbɜr/