someone who lives with thier head so far up thier ass that they make thierslelves a living room, bathroom, and other rooms so that they can hang out in thier ass.
An asspoundee can be defined as any person who owned stocks during the February 272007 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 272007!