Meaning of the word "finders keepers, losers weepers" in English

What does "finders keepers, losers weepers" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

finders keepers, losers weepers

US /ˈfaɪndərz ˈkipərz, ˈluzərz ˈwipərz/
UK /ˈfaɪndəz ˈkiːpəz, ˈluːzəz ˈwiːpəz/
"finders keepers, losers weepers" picture

Idiom

a popular adage asserting that a person who finds an object can keep it, and the person who lost it can only weep or regret the loss

Example:
I found this ten-dollar bill on the sidewalk, and since no one is around, finders keepers, losers weepers!
You can't have your toy back now; finders keepers, losers weepers.
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