A holiday that occurs on the same day as "Ash Wednesday." The tradition is to drink throughout the entire day, starting before breakfast, and rub it in the faces of those people starting lent.
"James, are you drunk in my classroom?"
"It's ok, Mrs. Anderson. It's Trashed Wednesday!"
Liquor stores always look forward to Trashed Wednesday, since everyone buys huge amounts of alcohol in order to last themselves all day long.
"It's ok, Mrs. Anderson. It's Trashed Wednesday!"
Liquor stores always look forward to Trashed Wednesday, since everyone buys huge amounts of alcohol in order to last themselves all day long.
by Bad Cheese February 15, 2010
Get the Trashed Wednesday mug.Beyond the typical level of intoxication that one could assume that they are "trashed". They reach the level beyond trashed, they are trasheder than normal.
They come in together, but she was trasheder than her last night after a couple extra shots of tequila.
by Barflygoddess June 20, 2017
Get the Trasheder mug.Related Words
by Poosnakelikesnangs July 2, 2021
Get the transhelicopters mug.To be so drunk or intoxicated that you end up falling and/or sleeping in a garbage can thus becoming trash. An alternative to saying hammered or just trashed, it is a whole new level of trashed.
Also, can mean the same as being really drunk or trashed but it just so happens you woke up in a garbage can.
Also, can mean the same as being really drunk or trashed but it just so happens you woke up in a garbage can.
Dude, that party was crazy, I got garbage can trashed.
Oscar the Grouch was a mean drunk, he was always garbage can trashed.
She never made it home, heard she woke up garbage can trashed on green street.
Oscar the Grouch was a mean drunk, he was always garbage can trashed.
She never made it home, heard she woke up garbage can trashed on green street.
by NastyNally May 18, 2011
Get the Garbage Can Trashed mug.(FINANCE) patent pending a financial derivative that splits the value of underlying asset in various proportions, each of which has a specific seniority level (less senior cannot be executed before the senior one). It allows the owner to claim either fixed monetary value or variable value share of underlying asset, depending on the specific Tranched Value Security's seniority.
A Tranched Value Security (TVS) allows one to get a risk and return exposure to the specific level of underlying asset price risk, as opposed to previously existent derivatives that allowed to do so with the entire asset price only. Within such design of financial security, owner of TVS is able to reap significant profits by taking limited risk.
One could issue a Senior and Junior Tranched Value Securities, each having a variable value share of 50%, and fixed value share of $40, backed by (say) one Bitcoin when it's price was $100. If consequentially the Bitcoin price declines to $80, the Senior TVS would remain at $50 (0% return), while the Junior TVS would become $30 (-40% return). With subsequent price correction to $110 per one Bitcoin, both TVSs would have a claim of 50% of market price ($55), making the return of Senior TVS +10%, and return for Junior TVS +83%.
A Tranched Value Security (TVS) allows one to get a risk and return exposure to the specific level of underlying asset price risk, as opposed to previously existent derivatives that allowed to do so with the entire asset price only. Within such design of financial security, owner of TVS is able to reap significant profits by taking limited risk.
One could issue a Senior and Junior Tranched Value Securities, each having a variable value share of 50%, and fixed value share of $40, backed by (say) one Bitcoin when it's price was $100. If consequentially the Bitcoin price declines to $80, the Senior TVS would remain at $50 (0% return), while the Junior TVS would become $30 (-40% return). With subsequent price correction to $110 per one Bitcoin, both TVSs would have a claim of 50% of market price ($55), making the return of Senior TVS +10%, and return for Junior TVS +83%.
Buying a Senior Tranched Value Security is a way to get a long position in the underlying asset's potential returns, with significantly limited downside potential.
Buying a Junior TVS is a way to get substantial return potential, surpassing that of leveraged positions, while having no chance of being liquidated.
Selling a Tranched Value Security (TVS) is a way to get rid of the desired either upper (exposing oneself to greater returns) or lower part (exposing oneself to less volatile returns) of price risk of underlying asset.
Buying a Junior TVS is a way to get substantial return potential, surpassing that of leveraged positions, while having no chance of being liquidated.
Selling a Tranched Value Security (TVS) is a way to get rid of the desired either upper (exposing oneself to greater returns) or lower part (exposing oneself to less volatile returns) of price risk of underlying asset.
by Derivatives Powerhouse January 21, 2021
Get the Tranched Value Security (TVS) mug.A level of drunk past white girl wasted where you might end up on the show COPS where emotional breakdowns may occur where bouts of crying are followed by bouts of laughter. Also speech is really really hard to understand and laps of memory will occur.
by Baron Scooter June 14, 2015
Get the Trailer Park Trashed mug.by 11223344556677889910 April 29, 2011
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