Etymology
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cold feet (n.)

1893, American English, in the figurative sense "fear or doubt that reverses an intention to do something;" the presumed Italian original (avegh minga frecc i pee) is a Lombard proverb meaning "to have no money," but some of the earliest English usages refer to gamblers, so a connection is possible.

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Definitions of cold feet

cold feet (n.)
timidity that prevents the continuation of a course of action;
I was going to tell him but I got cold feet
From wordnet.princeton.edu