Get the FREE one-click dictionary software for Windows
or the iPhone/iPad and Android apps
Noun: vig
Usage: US, informal
  1. A percentage (of winnings or loot or profit) taken by an operator or gangster
    "The casino owner demanded a substantial vig from each table's earnings";
    - rake-off [informal], vigorish [US, informal]
     
  2. An exorbitant or unlawful rate of interest
    "He paid a hefty vig on his underground borrowing";
    - usury, vigorish [US, informal]

Derived forms: vigs

Type of: cut, interest rate, rate of interest

Encyclopedia: Vig, Denmark