"Things went well with Tina last night. We PG-rated consummated."
Or this term can be mixed with the term GOMO to clarify.
"We PG-rated consummated, but we weren't GOMO.
Or this term can be mixed with the term GOMO to clarify.
"We PG-rated consummated, but we weren't GOMO.
by Joel Cathey June 10, 2007

(ECONOMICS) the difference between the nominal interest rate and the rate of inflation; the actual premium charged by banks for lendable funds.
The real interest rate can be determined by subtracting the annualized rate of inflation from the prime rate offered by banks to borrowers with the best credit.
During the 1970's, the USA experienced relatively high inflation (peaking at 17% in January 1980). In some months this exceeded the prime rate, resulting in negative interest rates for short periods (e.g., April-October, 1978; Feb-July, 1979).
One problem of deflation (i.e., falling absolute prices) is that it always occurs when the economy is in VERY severe recession, and there is no way the central bank can reduce the real interest rate to zero, since 0% nominal rates minus negative inflation = positive real interest rates.
The real interest rate can be determined by subtracting the annualized rate of inflation from the prime rate offered by banks to borrowers with the best credit.
During the 1970's, the USA experienced relatively high inflation (peaking at 17% in January 1980). In some months this exceeded the prime rate, resulting in negative interest rates for short periods (e.g., April-October, 1978; Feb-July, 1979).
One problem of deflation (i.e., falling absolute prices) is that it always occurs when the economy is in VERY severe recession, and there is no way the central bank can reduce the real interest rate to zero, since 0% nominal rates minus negative inflation = positive real interest rates.
During the period 1978 to 1980, there were 14 (out of a total of 36) months during which the real interest rate was negative.
by Abu Yahya September 6, 2010

Jim: Im really horny and I need a girl
John: here. Call this girl, she's a first rate whore
Jim: damn. I gotta call her. She's gotta be great at sex
John: here. Call this girl, she's a first rate whore
Jim: damn. I gotta call her. She's gotta be great at sex
by Rlboat May 16, 2016

by DDarko April 28, 2004

much more extreme than a regular waggott, with the most likely outcome resulting in someone being choked out or suffocated.
uh oh he's not having a waggott, he's having an x-rated waggott, what did you say about his mam man?!
by kp13 September 18, 2009

When someone doesn't follow the international exchange rate and takes you for a ride. Usually common among people who have no money.
So I was in Montreal for the weekend, and I couldn't find a Bureau de Change anywhere. The only person I could find was this complete mess of a man looking in trashcans for lunch.
I asked him "can you make change?" and I showed him a fifty dollar bill U.S..
I got back five dollars Canadian.
I was given The Beggar's Exchange Rate.
I asked him "can you make change?" and I showed him a fifty dollar bill U.S..
I got back five dollars Canadian.
I was given The Beggar's Exchange Rate.
by Prefer not to tell ya February 28, 2007

by KG or kuch god September 19, 2016
