33% of an amount collected is the usual "Vig" if the person that is owed the money would have lost it had it collected by a "collections specialist".
Franky finally collected the $100,000 that Joey lent to Mario, now Joey owes Franky $33,333 as the vig.
by Davide Boom Bats February 19, 2009
Get the Vig mug.An older man who thinks he is a pimp. He is semi-hot. He hangs out with females with big butts. He likes to hit women with remotes.
by traci t February 6, 2008
Get the vig mug.The vig for the Man averages about 22% annually.
by Cridhe Saorsa December 12, 2003
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VIG stands for Very Important Gay. A very important gay doesn't have to make any restaurant bookings in advance as they get the best table by just showing up. VIGs can be found all over the world but tend to particularly like big cities where they can share their status with other lower class gays. VIGs can engage into conversation with practically anyone but be prepared to hear about them and their story by sipping paid for champagne. VIGs as EVERY PERSON are unique, special and sensitive. So if you happen to meet one of them consider yourself lucky.
What are we doing tonight? Every place in the city is practically booked.
Don't worry, I'm a VIG we just have to show up.
Don't worry, I'm a VIG we just have to show up.
by Jan VIG February 20, 2022
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