A refund of one's v-card (virginity). Often implemented when one's first sexual experience is a drunken escapade. While it is possible for a chick to ask a guy for a v-fund, this process generally goes from guy to girl.
Guy: "Hey, so I know this is kind of awkward, but my new girlfriend is crazy hot and thinks I'm a virgin and you're kind of a troll. Any chance I can get a v-fund."

Girl: "Fine...you're the third one this week."
by TFunksaurousRex October 11, 2011

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