Early 17th century (as school slang, in the sense ‘Friday on which an examination is held’). The shopping sense dates from the 1960s and was originally used with reference to congestion created by shoppers; it was later explained as a day when retailers’ accounts went from being “in the red” to “in the black”.
Origin:
Early 17th century (as school slang, in the sense ‘Friday on which an examination is held’). The shopping sense dates from the 1960s and was originally used with reference to congestion created by shoppers; it was later explained as a day when retailers’ accounts went from being “in the red” to “in the black”.
So not racist at all.