What a Hedge Fund turns into when the stocks theyve shorted get squeezed, forcing them to buy the stock back at much higher prices, often losing the billions and more they took from people by shorting the stock in the first place
Damn man.....that Hedge Fund that shorted that stock turned into a Wedgie Fund when they were forced to cover their shares they sold short. The Hedge Fund manager must feel like he's got a massive wedgie up his ass crack.
by Nuttin but reality January 27, 2021
Get the wedgie fund mug.A system by which the government guarantees all employed persons in the entire nation will get a certain percentage of their income by the time they retire.
This system has been fairly functional up until recently, with current demographic shifts making most current models unsustainable unless states increase the age at which a person may collect their pension.
This has effectively made most of these systems into a literal political time-bomb in the countries in which they have been implemented because the taxes that must be levied against individuals and the companies that employ them to pay for such funds has made it so that only the ultra wealthy or very well off can feasibly keep a private retirement fund, meaning that with every year the government increases the retirement age they are effectively forcing most of the population to work longer than they want to/are able to, which is shockingly very unpopular with voters.
This system has been fairly functional up until recently, with current demographic shifts making most current models unsustainable unless states increase the age at which a person may collect their pension.
This has effectively made most of these systems into a literal political time-bomb in the countries in which they have been implemented because the taxes that must be levied against individuals and the companies that employ them to pay for such funds has made it so that only the ultra wealthy or very well off can feasibly keep a private retirement fund, meaning that with every year the government increases the retirement age they are effectively forcing most of the population to work longer than they want to/are able to, which is shockingly very unpopular with voters.
Wealthy CEO: Oh boy I’m sure looking to retire at age 50 and leave my company to my son/daughter so they may do the same exact thing.
Average Employed Person: Damn it’s going to suck ass working until I’m 70 only to retire and have the National Pension Fund recipient age raised to 71
Average Employed Person: Damn it’s going to suck ass working until I’m 70 only to retire and have the National Pension Fund recipient age raised to 71
by Unquestionably Burdensome July 27, 2023
Get the National Pension Fund mug.n. feminine (for sticklers), (masculine: funded fiancé): An engaged individual whose housing and living costs are completely covered by the opposite party in the engagement.
by Dkr. J February 23, 2018
Get the funded fiancée mug.Sarcastic term for da sizeable wad of cash dat a lying chat-contact from Ghana or Nigeria asked you to send to him/her, supposedly in order to give said foreigner confidence dat you're "for real" prior to his traveling overseas to meet you in person. Doubly a bad idea for you to actually comply with, of course, since (A) this OTHER person should conceivably be da one to prove to YOU dat he/she is legit, since presumably you will likely be da one who will be paying for most of da person's expenses if he/she comes to see you, and (B) most likely said conniving moocher is merely trying to con money out of you, and in reality has no actual intention of ever making any travel-plans to hang out with you.
by QuacksO March 22, 2023
Get the trust funds mug.An escrow account set up to ensure dat your male descendants will have da funds necessary to bribe hot chicks to spread their legs for said hot-in-da-crotch studs whenever said love-tunnel access is desired.
Setting up a thrust fund for your shlong-possessing offspring is all well and good, but what about if said horny trouser-snake-equipped individuals get their paid-to-submit females preggo?! You might wanna either specify dat your eager-to-copulate beneficiaries always wear condoms --- or only "do it" with gals who cannot ovulate--- or else also set up a family-expenses fund so dat any "love babies" will be properly cared for.
by QuacksO December 4, 2022
Get the thrust fund mug.A goofy ass school that just seems funky and like it is funded by McDonalds, no other way to describe it then, goofy school.
by anonymous November 16, 2023
Get the McDonalds funded ass school mug.by Eweezee December 16, 2007
Get the dumbel-funded mug.