Definify.com
Definition 2024
vig
vig
See also: víg
English
Noun
vig (plural vigs)
- (slang) A charge taken on bets, as by a bookie or gambling establishment.
- 2009, Wayne L. Winston, Mathletics: How Gamblers, Managers, and Sports Enthusiasts Use Mathematics, page 256,
- The bookmaker's mean profit per dollar bet is called vigorish or “the vig.” In our example, 11 + 11 = $22 is bet, and the bookmaker wins $1 so the vig is 1/22 = 4.5%.
- 2009, Wayne L. Winston, Mathletics: How Gamblers, Managers, and Sports Enthusiasts Use Mathematics, page 256,
- (slang) Interest from a loan shark's loan.
- 1973, Martin Scorsese, Mardik Martin (screenplay), Mean Streets, quoted in 2009, Ellis Cashmore, Martin Scorsese's America, page 118,
- “You charged a guy from the neighborhood $1800 vig?” he asks incredulously (“vig” is short for vigorish, meaning a rate of interest from a loan from an illegal moneylender).
- 2005, F. P. Lione, The Crossroads, Midtown Blue Book #2, page 100,
- The guy was probably professional muscle, a leg breaker who collects vig for a loan shark. (Vig is a mob term for interest on loans to a loan shark.)
- 1973, Martin Scorsese, Mardik Martin (screenplay), Mean Streets, quoted in 2009, Ellis Cashmore, Martin Scorsese's America, page 118,
- A commission, finder's fee, or similar extra charge.
Synonyms
Albanian
Etymology
From Proto-Albanian *uig-, from Proto-Indo-European *u(e)i-K- 'to revolve, turn, twist'. Cognate to Old English wice (“patch”) and Old Norse vik (“bight”)[1].
Noun
vig m (indefinite plural vigje, definite singular vigu, definite plural vigjet)
- stretcher, litter, bier, transition (consisting of beams)
Derived terms
References
- ↑ Albanische Etymologien (Untersuchungen zum albanischen Erbwortschatz), Bardhyl Demiraj, Leiden Studies in Indo-European 7; Amsterdam - Atlanta 1997, p.418