These example sentences are selected automatically from various online news sources to reflect current usage of the word 'old lady.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
In the banking world, Old Lady is a nickname for the Bank of England. The full nickname is "Old Lady of Threadneedle Street."
How It Works
The Bank of England is the United Kingdom's central bank, meaning that it is a bank for banks and works closely with the government's treasury.
Why It Matters
The Bank of England was founded in 1694. The nickname first appeared in a caption to a political cartoon by James Gillray, published in 1797. It depicts the prime minister trying to woo the bank, which took the form of a money-clad old lady.