Take from one to give to another, shift resources. For example, They took out a second mortgage on their house so they could buy a condo in Florida--they're robbing Peter to pay Paul. Although legend has it that this expression alludes to appropriating the estates of St. Peter's Church, in Westminster, London, to pay for the repairs of St. Paul's Cathedral in the 1800s, the saying first appeared in a work by John Wycliffe about
1382.
The American Heritage® Dictionary of Idioms by Christine Ammer. Copyright © 1997 by The Christine Ammer 1992 Trust. Published by Houghton Mifflin Company. All rights reserved.