Derogatory term. The word is derived from the name of the famous Mongol leader Genghis Khan; Mongols were known for being raiders and barbarians, so the term essentially means 'Ass Raider'. Can be used in basically any situation.

A cultural and aesthetic mind-state that prioritizes making money, even as an “underground” or “radical” creator. The work isn’t made for money, but it’s the money that matters the most.