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1 definition by DP Ludwig

 
1.

An asspoundee can be defined as any person who owned stocks during the February 27 2007 trading session, when the Dow Jones crashed and suffered a historic drop of over 400 points.

Goddam I felt like an asspoundee when I was margined to the hilt and lost all my money when the markets crashed on February 27 2007!
by DP Ludwig February 27, 2007