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vig

vig

11 9.9
A fee added to bets and loans by someone who lends money or takes bets
  • noun
  • /vɪg/
  • Jargon
translation icon : comisión
  • 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.

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

vigorish
vsvig
  • Jargon
9.9

A small fee taken by a bookmaker or casino on each bet

applies to fees charged by bookmakers or lenders including loans

How Large

usury
  • Specialized
10 9.8
interest
  • Specialized
619 3.3
vig
  • Jargon
11 9.9
commission
106 3.0
fee
729 1.0

Surface Forms

vig singular
vigs plural

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.