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Tuesday, September 19, 2006 12:53:57 PM
"Since the 1800s, 'pony up,' or 'poney up,' has been American slang for 'to pay up.' These words may derive from the German 'poniren,' 'to pay,' but 'pony' was British slang for a small amount of money in the early 19th century, probably because a pony is a small horse (not over 14 hands high), and the term to 'pony up' probably derived from this expression. Other uses of 'pony' to indicate smallness include the 'pony' that is a small glass or bottle of alcohol beverage and the 'pony' meaning a trot or crib - a translation used by students." From the "Encyclopedia of Word and Phrase Origins" by Robert Hendrickson (Facts on File, New York, 1997).
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