Embonusment

What is Embonusment?


1.

(n.) embonusment: a form of embezzlement involving authorization of year-end bonuses in failing banks and investment firms, financed by government bailouts

(v.) to embonus

The insolvency of many Wall Street firms did not prevent widespread embonusment, as industry professionals took whatever they could before the lights went out.

See wall street, bonus, bailout


32

Random Words:

1. noun (1) - The most complex man on the Earth. He is very talented on anything he does. From being geek to jock, he can outwit and pwn an..
1. someone who is very ugly Man that bitch is swampdonkish..
1. A term coined my Metric used to falsely portray a situation that is successful and sexy in order to glamorize it. The term is mostly use..