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Litigation

: Structured Settlements 4Real

What's in A Vig? A Glossary of Essential Terms

By John Darer

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Veni Vidi Vigi 
Latin for "I came- I saw- I took
Vig-Itation Rights          
The right to vig movement promoted by the earthy crunchy settlement planner Mack Phillistine
VigStock
An annual gathering of the disciples of Mack Phillistine in "The Vig Easy",  where the vig topics of the day are discussed. Often featuring acts such as rock star Peter Vigreal singing "Vig Time..I'm on my way I'm makin' it, Vig Time". Attendees are guaranteed to have a vigtastic time.
American Vig-olo

A person who whores himself/herself across industries.

Vigger

He or she who asks for and/or takes financial compensation for simply giving a factoring company a lead that results in the complete destruction of a structured settlement.
Getting Viggy With it

those who get overly aroused when defending the act of taking structured settlement factoring vig   

Vig-Omatic
Direct deposit of vigs.

Vig-lets
Receiving vigs on minors? structured settlements.

Vig-ilante              
The name given to a competitor who steals your clients with a side of vig.

Vigs in a Blanket
Multiple claimants all within the same claim choosing to destroy their structured settlements.

Vig-arette  
A vig that goes up in smoke.
 Vig-Normous  
Exceptionally large vig.
 Vig-Kong      
The mother of vigs.

Vig?s Ear
Description used to describe a broker considering giving the
claimant?s name or confidential paperwork to a factoring company.
 Can You Vig It?
Question asked by structured settlement broker to factoring rep. Also on the banner ads for VigStock

VigNette
An excuse that a vig-taking structured settlement broker and settlement planner uses to justify taking the vig
Vig-enar
The bitter taste in a claimant's mouth after factoring their structure and finding out that vig was paid but undisclosed.
Shame
Something vig takers don't have

 

Full post as published by Structured Settlements 4Real on March 10, 2008 (boomark / email).

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