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Icelandic
Etymology
From ekki (“not”) + verður, from verða (“to become, to take place”) + bæði (“both”) + sleppt, the neuter participle of sleppa (“to let go”), + og (“and”) + haldið, the neuter participle of halda (“to hold”). Literally meaning "it shall not be both let go and held" or "it's not possible to both let go and hold on".
Phrase
ekki verður bæði sleppt og haldið
- have one's cake and eat it, too