Meaning of “finders keepers (losers weepers)” in the English Dictionary

british dictionary

"finders keepers (losers weepers)" in British English

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finders keepers (losers weepers)

saying

said by a child who has found an object to the child who has lost it, to show that they intend to keep it

(Definition of “finders keepers (losers weepers)” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)