lending limbo

When in a group of friends with similar interests one is lent something, and in turn lends it to someone else, and someone else, until the owner of the lent item no longer remembers lending it/who currently has the item.

Simon: Hey, have you seen my drill? I thought you borrowed it.
Kittan: Yeah, but it's been lent to at least 4 people past me. It's now in lending limbo.

lending limbo by Space King John October 16, 2008