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Definitions by Paul Capello

webegging 

The act of asking people (usually in an instant message or email)for cash loans or donations where funds are to be transferred to the recipient via online banking services like PayPal or similar.
Biker454236: "Hey man can I borrow $15 until Friday?. PayPal is screwing me around waiting for funds to be available, and I just need a few bucks to buy some dumb piece of crap plastic electronic gadget today!"

JDoe7638645: no.
webegging by Paul Capello July 19, 2005