sponge it

A common term in finance, specifically sales and trading. Refers to situations in which the trader tells you not to hedge your risk and instead to absorb it.

"SPONGE IT!"
"Wait, are you calling me useless? What does that mean...too afraid to ask..."

by Moyka July 30, 2017

sponge it

To not hedge your risk; a universal finance term oftenly used by traders to inform salespeople to absorb the risk and do nothing. Also a code word that signals it is time to panic.

"SPONGE IT!"
"Wait...what is he talking about? Is he calling me useless? I'm too afraid to ask...yup I'm screwed."

by Moyka July 17, 2017

sponge it up too much

A phrase used for when a person is too soft and sucks up to people a lot.

Jeff: Bruh, you sponge it up too much.

Todd: Yeah, but only to Natalie...

by StudentOfAHighSchool March 16, 2020

Spooge-itsu

An ancient martial art that involves head-butting, insulting, kicking people while their on the ground, and causing yourself to ejaculate with such speed that it hurls semen with such speed and force that it can injure, and even kill a man at a moderate distance.

He used his excellent spooge-itsu technique to kill 4 ninjas before they could get closer than 15 yards!

by Mr.Quackers5380 August 26, 2009

spongeitude

The attitude of someone who can spring back like a sponge with extremely witty comebacks, and or lolz at life. Quality of being as such..
Brave, happy, confident, and content quality of someone.

NOT spongeitude: "YOUR MOM"
Spongeitude: "What did you eat for breakfast, Bitch Flakes?"

1: Dude that guy called you a whore!"
2: I don't care, I am confident in my spongeitude.

by maimersiful January 23, 2014