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’

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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.

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