pay the iron price

To take a item by force while owner is present, not paying for it with money, gold, or service.

I did pay the iron price for this chain by leaving him bleeding on the floor.

by Youngjayhova November 4, 2013

Paying the iron price

is now the term one uses to describe the hangover experienced after a dark night of mischief.

eg. ‘I woke up in my friend’s sister’s bed and now I am paying the Iron Price’

by ElCov March 29, 2013