vig

/ vɪɡ /

noun

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

Word History and Origins

Origin of vig¹

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

Example Sentences

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

That way, the oddsmakers are guaranteed a profit through a cut of the action, called the vigorish, or “vig.”

From Seattle 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

“Unlike Pride marches in more happy countries of the world, this is really a human rights demonstration,” Vig told The Associated Press.

From Seattle Times

Vig recounted a conflict that ensued this week after Amnesty International Hungary painted a city bench in rainbow colors to celebrate Pride month.

From Seattle Times