2 definitions by Davide Boom Bats

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".
Franky finally collected the $100,000 that Joey lent to Mario, now Joey owes Franky $33,333 as the vig.
by Davide Boom Bats October 15, 2008
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