IDIOMATICALLY SPEAKING BY NEEL ANIL PANICKER
#03 IDIOM: A DAY LATE AND A DOLLAR SHORT
MEANING: SOMETHING WHICH IS TOO LITTLE, TOO LATE
ORIGIN: The idiom has its roots in the Great Depression that plagued America in the early 1930S. The suspension of gold convertibility during the Great Depression worsened the global economic scenario and the effects of the American dollar reverberated across global economies putting them under tremendous financial strain leading to the coinage of the idiom, a day late and a dollar short.
SENTENCE: All their efforts in locating the kidnappers proved a day late and a dollar short as by the time the police apprehended them, the criminals had already murdered the child.