(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
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
An escrow account set up to ensure dat your male descendants will have da funds necessary to bribe hot chicks to spread their legs for said hot-in-da-crotch studs whenever said love-tunnel access is desired.
Setting up a thrust fund for your shlong-possessing offspring is all well and good, but what about if said horny trouser-snake-equipped individuals get their paid-to-submit females preggo?! You might wanna either specify dat your eager-to-copulate beneficiaries always wear condoms --- or only "do it" with gals who cannot ovulate--- or else also set up a family-expenses fund so dat any "love babies" will be properly cared for.
by QuacksO December 04, 2022
Name for an Upper class White boy, of the often skinny pale variety, who believes listening to enough trap and selling vapes to underclassmen will make them black.
by Kekekekekkekekeke April 07, 2020
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 February 20, 2018
(noun) A person born into wealth heavily leaning towards and/or associating with far left economical ideas without acknowledging its downsides due to ignorance. They can easily be found on places ranging from private education institutions to the back streets of their town, choosing to live in worse life conditions than they can financially sustain. Despite being critical of the capitalist world their entire bloodline profited from, you can see them wearing expensive accesories, driving expensive cars etc. from the money they sourced from their parents, only contributing to the problem they are defending our world against
1: Hey isn't that Sara? Why is she in a workers' protest?
2: Seems like it.
1: I thought her parents bought her a car, does she even do work part-time?
1: I don't think so, she is just a Trust Fund Communist
2: Seems like it.
1: I thought her parents bought her a car, does she even do work part-time?
1: I don't think so, she is just a Trust Fund Communist
by supersoapy August 08, 2023
A source of income, typically used for:
1. Water
2. Midnight Snacks
These funds do not include the use if lights, as they are only used by vampires, and nightowls
1. Water
2. Midnight Snacks
These funds do not include the use if lights, as they are only used by vampires, and nightowls
by Tr0nRinzler October 04, 2022