In South Korea, This means 운지(ungee). and ungee means "Falling" or "
Suicide" or "Epic Fail" or "Bungee Jumping without cord" or "
Kamikaze". It become famous on the korean websites and korean online pc gaming because of 90's Korean TV commercial "운지천CF(UnGeeChon TV commercial)" and
internet parodies of ROK's 16th president Roh Moo-hyun.