1)the interest payment on a loan paid back to the creditor by a certain percent.
2)short for "vigorish" used in gambling;When wagering on a straight wager (point spread or total), you lay a certain amount of money to win a smaller amount of money. The difference between what is wagered and what is won is called the 'Juice' or 'VIG'. This 'Juice' or 'VIG' is one of the ways a sports book makes its money. In football and basketball the 'Juice' (or 'VIG') is 10%. In other words, for every $110 wagered you will win $100. If you lose the wager, you lose $110. If you win the wager, you get the $110 'Juice' refunded to you, plus the $100 in winnings ($110 + $100 = $210 total paid back to your account).

Payment of a service rendered to a benefactor from the benificiary of said service.

interest paid on a loan

vig is a slang word used by alot of pepole in the south. Vig basicly means good, cool or hip

33% of an amount collected is the usual "Vig" if the person that is owed the money would have lost it had it collected by a "collections specialist".

1)tribute to a mafia boss.
2)a percent expected to be paid back from a loan.
3)the juice or cut to be lost or refunded(by winning) in gambling.

Payment made regularly to the head of an organized crime syndicate. Mob associates and made members of a family are required to kick up a piece of their profits to the boss.