Stands for Sales Performance Incentive Fund. (Or Performance, or Person.) It's what sales people get when they don't get a decent commission or salary. Sometimes involves extra company product, sometimes a bonus prize.
When Dave sold the big stereo this month, they Spiffed him a trip to Hawaii; The only spif that Bob got, was a tshirt and one of the refurbed DVD players.
by eclecticbubba August 20, 2007
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To smack ones penis in the face of another. Less homosexual alternative to T-Bagging, when used towards the same gender. Generally applied towards a drunken aquaintance during a dare.
"Hey, I double-dog dare you to T-Bag Vinnie right now!"

"Aw, I would, but he passed out with his mouth closed. OH COOL I CAN SPIFF THAT MO'FUCKA. SCORE"
by IvyLeagueBiaatch May 05, 2008
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Very posh and dated word meaning excellent, especially as used by upper-class toffs and rugger buggers.
I say, she's a lovely filly.
Oh yes, absolutely spiffing old chap.
by onandon August 01, 2005
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For something to be excellent or good. Word is mainly used by upper-class British
I say Grayson, that back-scratched you purchased for me the other day is rather spiffing.
by Superduperpooperscooper123123 January 08, 2010
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lovely, desirable, super
retro term - ganking
We're having such a spiffing time
He's a spiffing bloke
by Catherine September 30, 2003
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A very dated word used by the upper-class British, and Americans that can't do impressions for shit.
Can be used for comedic value.

Usually found in sentences containing the terms; "Jolly good" "Old chap/chum" "Tea" "Wot wot" "I say" and "Earl grey"
I say, old chum. Would you like to come to Buckingham palace and share a spiffing pot of the old earl Grey, wot?
by PotHeadJesus February 19, 2010
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The act of wearing a suit and tie or other nice outfit with a tie such as jeans/vest/shirt/tie or khakis/shirt/tie
Matt feels the need to get spiffed for no reason at all, and because of this, he has never been seen wearing anything short of a button down shirt with a tie and a nice pair of khakis. But he usually wore a suit and tie.
by Random user May 03, 2017
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