Posted by: episystechpubs | July 2, 2014

Editor’s Corner: Under the Boardwalk

Hello all and happy holiday week!

Today I have some more vocabulary from Boardwalk Empire. You are probably familiar with the first two terms, Ponzi scheme and haymaker, and I bet you’ve heard an abbreviated version of the third word, vigorish. For a little flavor from 1910s and 1920s Atlantic City, here are the definitions and details for these three terms, from Merriam-Webster:

· Pon·zi scheme

An investment swindle in which some early investors are paid off with the money put up by later ones in order to encourage more and bigger risks

Origin of PONZI SCHEME[+]

after Charles A. Ponzi American (Italian-born) swindler

First Known Use: 1920

· haymaker
[KC – In this case, the reference was “a haymaker to the head.”]

1a : a worker who cuts and cures hay b : a machine for curing hay

2a : a powerful blow with the fist often resulting in a knockout b : an action or statement that is a stunning setback

· vig·or·ish plural -es

[KC – Fans of mafia flicks, police dramas, and the “crime and punishment” genre will recognize this as
“the vig.”]

1: a charge taken (as by a bookie or gambling house) on bets; also : the degree of such a charge <a vigorish of 5 percent>

2: interest paid to a moneylender

Origin of VIGORISH[+]

probably from Yiddish, from Russian vyigrysh winnings, profit

First Known Use: 1912 (sense 1)

Kara Church

Technical Editor, Advisory

619-542-6773 | Ext: 766773

www.symitar.com

NOTICE: This electronic mail message and any files transmitted with it are intended
exclusively for the individual or entity to which it is addressed. The message,
together with any attachment, may contain confidential and/or privileged information.
Any unauthorized review, use, printing, saving, copying, disclosure or distribution
is strictly prohibited. If you have received this message in error, please
immediately advise the sender by reply email and delete all copies.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Categories

%d bloggers like this: