vig

British  

/ vɪɡ /

noun

1. slang the interest on a loan that is paid to a moneylender

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Etymology

Origin of vig

C20: short for vigorish , prob. via Yiddish from Russian vyigrysh profit, winnings

Example Sentences

Director Jørgen Vig Knudstorp recently bought $994,500 worth of stock at $85.

From MarketWatch

Sportsbooks typically profit from the “vig,” their commission on each bet.

From MarketWatch

Vig will be the subject of an upcoming auction this year that will include coveted recording gear from his now-closed Smart Studios in Madison, Wis., and at least one Garbage drum set from 2005.

From Los Angeles Times

Starbucks’ board is “intent on making meaningful action” based on the report findings, independent board chair Mellody Hobson and independent director Jørgen Vig Knudstorp said in a letter to shareholders on Wednesday.

From Seattle Times

David Vig, director at Amnesty International Hungary, said that in contrast to some countries in Western Europe and North America where Pride events are celebrations of LGBTQ+ history and culture, Budapest Pride is a way of protesting increasing crackdowns on the rights of lesbian, gay, bisexual and transgender people.

From Seattle Times