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Not really an official savings account, but rather an "In Case Shit" Fund that you only dip into for those 'just in case' situations like when you run out of weed or you have to take your dog to the vet.
Joe: "Damn, that hoe wrecked my car and I don't have insurance."
Chris: "Looks like you'll be dipping into the savings account."
Joe: "I don't have much of a savings account, just an ICS Fund."
Chris: "An ICS Fund?"
Joe: "Yeah, an In Case Shit Fund, it's not really an official savings account."
Chris: "Looks like you'll be dipping into the savings account."
Joe: "I don't have much of a savings account, just an ICS Fund."
Chris: "An ICS Fund?"
Joe: "Yeah, an In Case Shit Fund, it's not really an official savings account."
by suede_b February 5, 2009
Get the ICS Fund mug.Defining or explaining the meaning / origin of a topic, only to shortly find out that you are completely incorrect and had no idea what you were talking about.
He explained to us the historical origin of charity signs around the park, only to find out with a quick search that he had pulled a Jimmy Fund and was completely wrong and failed in every way.
by bigjackass March 15, 2010
Get the Jimmy Fund mug.An acronym for Trust Fund Baby Syndrome. When the case of having a privileged life is so hard and how people think your stuck up when in your own opinion your not boils up to a moment of self awareness that Yes, my friend, you are really that annoying.
While watch flipping through the TV channels, I stop on MTV, which is showing another great episode of Sweet Sixteen, some whinny little bitch cries about not have the birthday party they wanted and how shit isn't fair while throwing a temper tantrum, even though his or her parent is actually footing the bill for it all. Typical TFBS ( Trust Fund Baby Syndrome)
by SleepyDrunk&Horny January 9, 2008
Get the TFBS ( Trust Fund Baby Syndrome) mug.(FINANCE) business entity formed to pool money provided by investors in order to buy majority stakes in existing companies. A common practice is to then "take the company private," so that it no longer has shares trading on the stock market. The company is then restructured, so that it has entirely different management practices, or a different business strategy. Afterward, the PE fund will most likely re-sell the company on the stock market in a sponsored IPO.
Private equity funds are usually limited liability partnerships (LLPs), which gives them special privileges of nondisclosure; most are organized in the State of Delaware. PEF's have sponsors, or "principals," who are responsible for organizing the fund and recruiting other investors.
Among the best-known PE funds are Blackstone Group*, Kohlberg Kravis Roberts (KKR)*, Goldman Sachs Capital Partners*, Carlyle Group, Permira, Apollo Management, Providence Equity, TPG Capital, Warburg Pincus, and Cerberus. Companies marked with an asterisk (*) are publically listed corporations; most PE funds are pivately managed. The selection above includes the largest ones by capital under management.
Private equity funds are usually limited liability partnerships (LLPs), which gives them special privileges of nondisclosure; most are organized in the State of Delaware. PEF's have sponsors, or "principals," who are responsible for organizing the fund and recruiting other investors.
Among the best-known PE funds are Blackstone Group*, Kohlberg Kravis Roberts (KKR)*, Goldman Sachs Capital Partners*, Carlyle Group, Permira, Apollo Management, Providence Equity, TPG Capital, Warburg Pincus, and Cerberus. Companies marked with an asterisk (*) are publically listed corporations; most PE funds are pivately managed. The selection above includes the largest ones by capital under management.
The private equity fund first appeared in the 1970's as a result of changes to ERISA. Institutional investors, usually pension funds, could be legal partners in an LLP; they also required a place to park assets with very high rates of return.
In the USA, PE funds have long been sinecures for the most powerful political dynasties: the Rockefellers, the Romneys, the Bushes, and others.
In the USA, PE funds have long been sinecures for the most powerful political dynasties: the Rockefellers, the Romneys, the Bushes, and others.
by Abu Yahya September 1, 2010
Get the private equity fund mug.Any person that clings to a belief despite evidence to the contrary. Most often a Christian of one denomination or the other, though there are fundies of all religions. Typically are very condescending to any belief but their own, many advocate the erradication of every other form of religion. Often hypoctritical.
Matt is a fundie douche that advocates the genocide of all religions but Evangelist Christianity.
Carolline is an atheist fundie that wishes for religion of all forms to be forcefully ended.
Carolline is an atheist fundie that wishes for religion of all forms to be forcefully ended.
by Napoleon the Clown July 5, 2006
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