vig
- noun
- /vɪg/
- Jargon
- The vig on your loan is quite steep, making it hard to pay it back.
You're not paying an upfront or a vig that's good for the media company.
- You're not paying an upfront or a vig that's good for the media company.
Examples
-
You want to borrow ten; the vig's three bills a week.
Fiction book (1995) -
CHILI: Well, basically, this guy owes a shylock fifteen thousand, plus he's a few weeks behind on the vig, the interest you have to pay.
Fiction book (1995) -
You can raise the vig if you want to...
-
The vig on that starts today.
-
Eight grand with a heavy vig.
-
The vig alone is $3,000 a week.
-
Bookies do not have 'skin in the game'; they make money on the vig.
Blog text (26) -
KEITH: So then I had to borrow money from Ashley Royal to pay the vig on Kirk's loan.
-
The point is, Bernie ain't satisfied with the honest dollar he can make off the vig.
-
Why I pay: because I risk my life if I refuse, the same as I would if I refused to cough up the vig to Tony Soprano.
Blog text (18)
Synonyms
A small fee taken by a bookmaker or casino on each bet
How Large
- Specialized
- Specialized
- Jargon
Surface Forms
Etymology
Vig comes from the longer slang vigorish, a word from Yiddish that meant 'winnings' and which came from a Russian word for 'to win'. So a vig is the small cut or fee a bookie keeps from bets or a borrower's payment.