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change hands

tʃeɪndʒ hændz

Business
neutral
beginner
Literally:
To be transferred from one set of hands to another

What does "change hands" mean?

  1. To be sold or transferred to a new owner
  2. To pass from one person's possession to another

Examples

  • The company has changed hands three times this decade.
  • The property changed hands for $2 million.
  • The family business changed hands when he retired.

Origin

The image of physically passing an object from one person's hands to another. Used figuratively for ownership transfers since at least the 17th century.

How to use it

Common in business and real estate contexts. Can describe businesses, properties, or valuable objects.

Similar expressions

be sold
transfer ownership
pass to new owner

Opposites

remain in same ownership
stay put

Related idioms

  • on the same page

    In agreement or having the same understanding

  • cut to the chase

    To get to the point without wasting time

  • hit the ground running

    To start a new job or activity with immediate effectiveness

  • in the loop

    Included in the flow of information

  • the bottom line

    The most important point or factor

  • get up to speed

    To become fully informed about a situation

Use it in a practice answer

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