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1 definition by Tedm

 
1.
The amount left unpaid when a group agree to each pay for their own meal in a restaurant and the total of each person's contribution adds-up to less than the total bill.
The usual solution is then to add an equal fraction of the bodmin to each persons share.
"Well guys, the bodmin is $5.50 - so that's 55 cents each."
by Tedm January 28, 2006
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