Wiktionary
n. (context linguistics English) A former metaphor which has in effect lost its metaphorical status and become literal, e.g. "electric current" (electricity was at first thought to be analogous to water). Not to be confused with stale metaphor (a type of cliché), although it often is.
WordNet
n. a metaphor that has occurred so often that it has become a new meaning of the expression (e.g., `he is a snake' may once have been a metaphor but after years of use it has died and become a new sense of the word `snake') [syn: frozen metaphor]
Wikipedia
A dead metaphor is a figure of speech which has lost the original imagery of its meaning due to extensive, repetitive, and popular usage. Because dead metaphors have a conventional meaning that differs from the original, they can be understood without knowing their earlier connotation. Dead metaphors are generally the result of a semantic shift in the evolution of a language, a process called the literalization of a metaphor. A distinction is often made between those dead metaphors whose origins are entirely unknown to the majority of people using them (such as the expression "to kick the bucket") and those whose source is widely known or symbolism easily understood but not often thought about (the idea of "falling in love").
There is debate among literary scholars whether so-called "dead metaphors" are dead or are metaphors. Literary scholar R.W. Gibbs noted that for a metaphor to be dead, it would necessarily lose the metaphorical qualities that it comprises. These qualities, however, still remain. A person can understand the expression "falling head-over-heels in love" even if they have never encountered that variant of the phrase "falling in love." Analytic philosopher Max Black argued that the dead metaphor should not be considered a metaphor at all, but rather classified as a separate vocabulary item.
Dead Metaphor is also the name of a play by George F. Walker.