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1 definition by eclecticbubba

 
1.
Stands for Sales Performance Incentive Fund. (Or Performance, or Person.) It's what sales people get when they don't get a decent commission or salary. Sometimes involves extra company product, sometimes a bonus prize.
When Dave sold the big stereo this month, they Spiffed him a trip to Hawaii; The only spif that Bob got, was a tshirt and one of the refurbed DVD players.
by eclecticbubba August 20, 2007