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TeachMeFinance.com - explain Lying down historic definition... Lying down -- This is a Wall Street colloquialism. When a speculator refuses to reimburse or evades liability to his broker for losses he lies down lies down on his broker. The same term applies to any one who refuses to make good or evades an obligation of any kind. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.