fleece (v.) Look up fleece at Dictionary.com
1530s in the literal sense of "to strip (a sheep) of fleece," from fleece (n.). From 1570s in the figurative meaning "to cheat, swindle, strip of money." Related: Fleeced; fleecer; fleecing.
fleece (n.) Look up fleece at Dictionary.com
"wool coat of a sheep," Old English fleos, flies "fleece, wool, fur, sealskin," from West Germanic *flusaz (cognates: Middle Dutch vluus, Dutch vlies, Middle High German vlius, German Vlies), which is of uncertain origin; probably from PIE *pleus- "to pluck," also "a feather, fleece" (cognates: Latin pluma "feather, down," Lithuanian plunksna "feather").