Meaning of “the old school tie” in the English Dictionary

(Definition of “the old school tie” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"old school tie" in Business English

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old school tienoun [ S ]

uk us UK disapproving

a symbol of belonging to a special group of people who went to an expensive school:

Wearing the old school tie isn't always an advantage these days.

(Definition of “old school tie” from the Cambridge Business English Dictionary © Cambridge University Press)