Larry's Pretty Good Word of the Day (prettygoodword) wrote in 1word1day,
Larry's Pretty Good Word of the Day

Thursday word: vigorish

vigorish (VIG-er-ish) - n., a charge collected by a bookie for placing a bet; (U.S.) exorbitant interest on a loan, as from a loan shark.

Also called the vig, juice, cut, or take. Essentially, it's the bookmaker's commission, collected no matter what the outcome. In investment banking, the charge for giving advice is sometimes called the vig. The word started as American slang from around 1910, formerly also spelled viggresh, from Yiddish, from either Ukrainian výgrash or Russian výigrysh, winnings/profit, from vy-, out + igrat', to play -- so originally something like the pay-off.

Expect regulators to slap still more restraints on Comcast as a vigorish for letting it buy Time Warner Cable.

Tags: noun, russian, ukrainian, v, yiddish

  • Sunday Word: Cerulean

    cerulean [s uh- roo-lee- uhn] adjective: resembling the blue of the sky; a shade of blue ranging between azure and a darker sky blue…

  • Wednesday Word: Peloton

    Peloton - noun. Every now and then a word becomes a brand name, as in the case of everyone's favourite pandemic bike, Peloton. I only discovered…

  • Tuesday word: Proficient

    Thursday, June 6, 2013 Proficient (adjective, noun) pro·fi·cient [pruh-fish-uhnt] adjective 1. well-advanced or competent in any art, science,…

  • Post a new comment


    Comments allowed for members only

    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

    Your IP address will be recorded