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abwinken (v.i.)
   to decline, say no; wave (sb/sth) aside, flag down; wave off
abwinken (v.t.)
   to give the go signal (train); wave the checkered flag (auto racing); turn down (decline)
bis zum Abwinken (idiom)
   until you drop, until the cows come home; ad nauseum; loads and loads (of), without end, until you can't take it any more

Die Bank (Dexia) sucht weiter nach einem Käufer für ihren Anteil am niederländischen Institut ABN Amro, nachdem die ING am Montagabend abgewinkt hat.
The bank (Dexia) is still looking for a buyer for its share of the Dutch institute ABN Amro after ING said no on Monday evening.
Trotz zweier Unfälle wurde Klingmann einmal als 27. und einmal als 15. abgewinkt.
Despite two accidents, Klingmann got the checkered flag, once in 27th and once in 15th position.
Es gab Bier bis zum Abwinken.
There was beer without end.

Related Words:
(dankend) ablehnen to (politely) decline, refuse
ein Rennen abwinken to wave the checkered flag (at end of race); stop the race (because of accidents)

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