What is Yungbum?
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a guy who is young and able to work, but just refuses. They like to freeload off others and make excuses of why they "just can't get a job". They have no ambition and are waiting for the next handout.
"Don't loan him any money because you won't get it back, he's a yungbum."
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A reason for choosing a particular course of action when other, clearly less selfish or stupid options were available to you at the time..
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AKA Cunt - C. Hunt.
Possibly derived from the 'irritating office joker' character on BBC sketch comedy The Fast Show (late 90..