(From the National Football League's penalty for 'excessive celebration') Said of a website that either requires you to remember yet another password or is loaded with so much advertising and pop-ups, yet has content that might be useful to you, as to be unusable. A website that doesn't pull its load.
User goes to interesting-looking site, gets bombarded with pop up ads only to find that you need to create a log-in to get the content.
Referree says: "Excessive funding...10 yard penalty..."
Referree says: "Excessive funding...10 yard penalty..."
by Braveheart The Brat-Free May 24, 2014
Get the excessive funding mug.Not to be confused with grass money, this term refers to a separate financial account that a homeowner maintains to cover the costs of products/services to keep his shrubbery tidy and healthy.
Burglars tend to target properties with tall/dense shrubbery that they can crouch behind and hide, so you should always keep a healthy hedge fund to ensure that your bushes stay trimmed and transparent.
by QuacksO May 7, 2018
Get the hedge fund mug.A system by which the government guarantees all employed persons in the entire nation will get a certain percentage of their income by the time they retire.
This system has been fairly functional up until recently, with current demographic shifts making most current models unsustainable unless states increase the age at which a person may collect their pension.
This has effectively made most of these systems into a literal political time-bomb in the countries in which they have been implemented because the taxes that must be levied against individuals and the companies that employ them to pay for such funds has made it so that only the ultra wealthy or very well off can feasibly keep a private retirement fund, meaning that with every year the government increases the retirement age they are effectively forcing most of the population to work longer than they want to/are able to, which is shockingly very unpopular with voters.
This system has been fairly functional up until recently, with current demographic shifts making most current models unsustainable unless states increase the age at which a person may collect their pension.
This has effectively made most of these systems into a literal political time-bomb in the countries in which they have been implemented because the taxes that must be levied against individuals and the companies that employ them to pay for such funds has made it so that only the ultra wealthy or very well off can feasibly keep a private retirement fund, meaning that with every year the government increases the retirement age they are effectively forcing most of the population to work longer than they want to/are able to, which is shockingly very unpopular with voters.
Wealthy CEO: Oh boy I’m sure looking to retire at age 50 and leave my company to my son/daughter so they may do the same exact thing.
Average Employed Person: Damn it’s going to suck ass working until I’m 70 only to retire and have the National Pension Fund recipient age raised to 71
Average Employed Person: Damn it’s going to suck ass working until I’m 70 only to retire and have the National Pension Fund recipient age raised to 71
by Unquestionably Burdensome July 27, 2023
Get the National Pension Fund mug.What a Hedge Fund turns into when the stocks theyve shorted get squeezed, forcing them to buy the stock back at much higher prices, often losing the billions and more they took from people by shorting the stock in the first place
Damn man.....that Hedge Fund that shorted that stock turned into a Wedgie Fund when they were forced to cover their shares they sold short. The Hedge Fund manager must feel like he's got a massive wedgie up his ass crack.
by Nuttin but reality January 27, 2021
Get the wedgie fund mug.by MrYellowTeeth47 April 27, 2024
Get the There goes Carl trying to swindle the city out of funds mug.by Vodka_Veins August 20, 2016
Get the aux funds mug.A primitive version of what today would most likely be a "mutual fund" or similar instrument.
The origins of the term date to the stock market bubble of the Roaring Twenties, where at the peak of the frenzy individual speculators were offering "$600 for radio" - in this case, not an actual AM radio receiver, but one share of stock in RCA, which was being hyped in those days as vociferously as Internet-related stocks at the turn of the millennium.
$600 was a lot of money in those days, so those who couldn't afford to buy the stock directly would collectively buy into a bucket fund and the bucket fund would buy the stock, hold it briefly, then sell it to repay the individual speculators.
Eventually the bubble burst and everyone lost their shirt.
The origins of the term date to the stock market bubble of the Roaring Twenties, where at the peak of the frenzy individual speculators were offering "$600 for radio" - in this case, not an actual AM radio receiver, but one share of stock in RCA, which was being hyped in those days as vociferously as Internet-related stocks at the turn of the millennium.
$600 was a lot of money in those days, so those who couldn't afford to buy the stock directly would collectively buy into a bucket fund and the bucket fund would buy the stock, hold it briefly, then sell it to repay the individual speculators.
Eventually the bubble burst and everyone lost their shirt.
It seems that everyone these days is peddling mutual funds, exchange traded funds, funds, funds, funds. Banks, trust companies, credit unions, insurance companies... all are getting on the bandwagon and unleashing their most voracious commission salespeople. No wonder, though, as the various inscrutable offerings are a nightmare of fees - front-end loads, back-end loads, management expense ratios - to the point where the modern equivalent to a bucket fund is a leaky bucket where 2% of your life slavings may well be gone every year just in fees. Over a quarter century, that might add up to half your capital.
So basically, the leaky bucket fund with its active management has to outperform the market by 2% annually every darned year just to cover all of the bull-shovel fees. Not all of them do. It's a little like a stockbroker proudly pointing out his shiny new boat at the marina only to be asked "but where are the customer's yachts?"
So basically, the leaky bucket fund with its active management has to outperform the market by 2% annually every darned year just to cover all of the bull-shovel fees. Not all of them do. It's a little like a stockbroker proudly pointing out his shiny new boat at the marina only to be asked "but where are the customer's yachts?"
by bitchuck September 20, 2024
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