A noun or an adjective describing low or middle class persons of European descent, who came to areas in the United States such as New York or Silicon Valley, made a pile of money, and then returned to Europe, loudly proclaiming America to be not a "classy" enough place in which to live.
French, Finnish, and Belgian high tech or internet executives who cashed in and pulled out before the bubble burst.
by christine, www.fashionlines.com August 09, 2004