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Definition of Monkey trap
1. Noun. (literally probably folk-lore) A cage containing a banana with a hole large enough for a monkey's hand to fit in, but not large enough for a monkey's fist (clutching a banana) to come out. Used to "catch" monkeys that lack the intellect to let go of the banana and run away. ¹
2. Noun. (figuratively) A clever trap of any sort, that owes its success to the ineptitude or gullibility of the victim. ¹
¹ Source: wiktionary.com