Basic Guidelines For English Spellings
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A dance at which the services of a dance partner, especially a woman, may be hired.
Early 20th century; earliest use found in The Fort Wayne Journal-Gazette. From taxi + dance.
Especially of a woman: to work as a taxi dancer. Also occasionally with object with away: to spend or waste (money) hiring taxi dancers.
1920s; earliest use found in Brazil (Indiana) Daily Times. From taxi dance.