One of the mysteries of the English language finally explained.
Allusively: the auction room for tea and other commodities originally situated in this street; (hence) the market in these goods.
Late 19th century; earliest use found in Journal of the Royal Statistical Society. From Mincing Lane, the name of the London street in which the auction room was originally situated.
Mincing Lane/ˈmɪnsɪŋ ˈleɪn/
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