Heirloom passed.
Meaning: This means that a valuable object that has been in the family for a long time has been given to someone else in the family. It's like saying, The antique ring was given to the grandchild by their grandparent.
Choice of Words: Heirloom is a valuable object that has been in a family for several generations. Passed means that something has been given from one person to another. In this case, the meaning is to give an object from an older person to a younger one in the family.
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Related Expressions