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jimhelm · 02-18-2012, 04:45 PM

mulct
noun
a sum of money to be paid as a punishment <the loan shark usually imposed a mulct of an additional 20% on overdue payments>

we call that a Vig in our lingo... banks ....bad credit banks... charge a fee to write a loan. they have different names for the fee. 'discount' or 'acquisition fee' or just 'bank fee' we all call it a Vig. Vig short for Vigorish

02-18-2012, 04:45 PM	#27
jimhelm a beautiful fool Join Date: Sep 2010 Location: 39.939705 Posts: 4,504	mulct noun a sum of money to be paid as a punishment <the loan shark usually imposed a mulct of an additional 20% on overdue payments> we call that a Vig in our lingo... banks ....bad credit banks... charge a fee to write a loan. they have different names for the fee. 'discount' or 'acquisition fee' or just 'bank fee' we all call it a Vig. Vig short for Vigorish __________________ There's a Shadow just behind me. Shrouding every step I take. Making every promise empty, pointing every finger at me. _tool