Brewer's: Ry

A Stock Exchange expression for any sharp or dishonest practice. It originated in an old stock-jobber, who had practised upon a young man, and, being compelled to refund, wrote on the cheque, “Please to pay to R. Y.” etc., in order to avoid direct evidence of the transaction.

Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894
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