A common term in finance, specifically sales and trading. Refers to situations in which the trader tells you not to hedge your risk and instead to absorb it.
"SPONGE IT!"
"Wait, are you calling me useless? What does that mean...too afraid to ask..."
To not hedge your risk; a universal finance term oftenly used by traders to inform salespeople to absorb the risk and do nothing. Also a code word that signals it is time to panic.
"SPONGE IT!"
"Wait...what is he talking about? Is he calling me useless? I'm too afraid to ask...yup I'm screwed."
An ancient martial art that involves head-butting, insulting, kicking people while their on the ground, and causing yourself to ejaculate with such speed that it hurls semen with such speed and force that it can injure, and even kill a man at a moderate distance.
He used his excellent spooge-itsu techniqueto kill 4 ninjas before they could get closer than 15 yards!
The attitude of someone who can spring back like a sponge with extremely witty comebacks, and or lolz at life. Quality of being as such..
Brave, happy, confident, and content quality of someone.
NOT spongeitude: "YOUR MOM"
Spongeitude: "What did you eat for breakfast, Bitch Flakes?"
1: Dude that guy called you a whore!"
2: I don't care, I am confident in my spongeitude.