A young person whose parents are wealthy and have set up a trust for their son or daughter. The trust fund ensures that the child will be taken care of financially for life.
That guy is a trust fund baby. Since he doesn't need to work, he's just going to law school to pass the time and to learn how to protect his inheritance when the time comes.
by Jack654 September 23, 2008
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Similar to a fundie christian, but instead of being a bible thumper who has a belief in God, is an atheist thumper who forces everyone around him/her to believe that God/Jesus/Satan/Heaven/Hell does not exist like he/she does, and that anyone who doesn't agree with his/her strict world view is comparable to a mentally challenged or psycholigically unbalanced person.
Fundie Atheist: Where are you going?
Christian: I'm going to church.
Fundie Atheist: Oh, going to listen to people preach how gays are evil, and that science is witchcraft?
Christian: No, I'm going to listen to people preach on how to be a kinder, more compassionate person, sing some lovely hymns, clap along, and then help with the charity drive for homeless people in third world countries.
Fundie Atheist: Open your eyes! God ain't real! It's all a crock of crap! Fairytales! It's a cult! Church teaches people nothing except how to hate and hurt others different from them!
Christian: Actually some of our congregation members are gay, and our charity drives are for helping people in need.
Fundie Atheist: You're still hurting people!
Christian: *rolls eyes* Look, believe or disbelieve whatever you want ok? But don't force your own world view down my throat ok? If you want to come and see for yourself, you are most welcome. Otherwise don't get on my case, please? Good day.
Fundie Atheist: Cult follower!
Christian: Get a life and a therapist, wacko.
Christian: I'm going to church.
Fundie Atheist: Oh, going to listen to people preach how gays are evil, and that science is witchcraft?
Christian: No, I'm going to listen to people preach on how to be a kinder, more compassionate person, sing some lovely hymns, clap along, and then help with the charity drive for homeless people in third world countries.
Fundie Atheist: Open your eyes! God ain't real! It's all a crock of crap! Fairytales! It's a cult! Church teaches people nothing except how to hate and hurt others different from them!
Christian: Actually some of our congregation members are gay, and our charity drives are for helping people in need.
Fundie Atheist: You're still hurting people!
Christian: *rolls eyes* Look, believe or disbelieve whatever you want ok? But don't force your own world view down my throat ok? If you want to come and see for yourself, you are most welcome. Otherwise don't get on my case, please? Good day.
Fundie Atheist: Cult follower!
Christian: Get a life and a therapist, wacko.
by Gothicsnake December 22, 2012
Get the Fundie Atheist mug.An individual who accepts their meager existence in back-offices and gray cubicle rows until they dissipate into pure anonymity. Frequently excreted on by the rest of the company as a human cesspool, they lurk in the hazy glow of asinine spreadsheets and fruitless excel recreation. Individuals suffering from this syndrome have been known to cope with their existence by extended lunches at ill repute bars playing buck-hunter and talking about how they are "under appreciated". Severe psychological damage and alcoholism are the most commonly experienced byproducts.
Joe is not management material, he had a 15 dollar break which shows how poor of a fund accountant he is.
And here is our back-office, they are the piece-of-shit (POS) fund accountants who crunch our numbers.
And here is our back-office, they are the piece-of-shit (POS) fund accountants who crunch our numbers.
by Vito Nicola May 7, 2008
Get the Fund Accountant mug.A type of investment fund with very high fees for investors and a focus on complex financial derivatives. Hedge funds charge around 20% of returns (sometimes a lot more) plus a flat fee of typically 2%.
Originally hedge funds were based on the concept of risk hedging; high-yield investments are always riskier than low-yield ones, so a fund manager could presumably put all the money in one instrument with enormous risk and hope for the best. That is, to put it bluntly, insane. So the manager uses a strategy of hedging risk as cheaply as possible, such as a very elaborate combination of derivatives that rise in value if the main asset declines in value.
Hedge funds are organized to be very exclusive, requiring a very long commitment and limited membership. The managers are much more daring and will take much more aggressive risks than mutual funds.
Originally hedge funds were based on the concept of risk hedging; high-yield investments are always riskier than low-yield ones, so a fund manager could presumably put all the money in one instrument with enormous risk and hope for the best. That is, to put it bluntly, insane. So the manager uses a strategy of hedging risk as cheaply as possible, such as a very elaborate combination of derivatives that rise in value if the main asset declines in value.
Hedge funds are organized to be very exclusive, requiring a very long commitment and limited membership. The managers are much more daring and will take much more aggressive risks than mutual funds.
The largest hedge fund company is JP MorganChase.
During the first decade of the '00's, hedge funds outperformed most other asset classes. But when they melt down, like LTCM in 1997, it can be a huge event.
During the first decade of the '00's, hedge funds outperformed most other asset classes. But when they melt down, like LTCM in 1997, it can be a huge event.
by Sorry, the good guys lost September 4, 2010
Get the hedge fund mug.a day of the working week where you choose to not work,kick back and relax. funday can replace any day of the week you want.
by trolotron May 13, 2014
Get the funday mug.A sum of money set apart for discretionary and/or undocumented spending, often fraudulent, illegal, or dishonest.
News Junkie: Our governments is widely known for unaccountable slush funds built up to funnel money to their friends.
Innocent Kid: Are you serious? I've never heard about that. How this could ever happen?
Innocent Kid: Are you serious? I've never heard about that. How this could ever happen?
by humblepiece June 2, 2017
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