[Origin obscure. Cf. ON. þrífa to grip: but connecting links are unknown.] The handle (usu. wooden) of a mill bill, which is fixed in a mortise in the thick head of the handle.

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c. 1900.  Circular of Bryan Corcoran Lim. Mill Bill in Wood Thrift … Iron Thrift, Steel Thrift. Ibid. Model Mill Bill stone dressing machine … the thrift is set in a ball hinge…. Like in ordinary hand dressing, the thrift is worked to give the blow.

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