look up any word, like cleveland steamer:
1. Pay the price, whatever is being asked, you can't do anything about it.

2. A bit of graft, something on the side or under the counter, if not outright extortion or protection money.

Not the same as baksheesh.

Probably related to 'gelt'.
You've got to pay the Dutchman.
by ackbargus May 01, 2011