Word of the Day: vigorish

Pronunciation: [VIG-er-ish]

Definition(s): 1. an exorbitant or unlawful rate of interest.
2. a charge or interest paid on a bet, as to a bookie.

Part of Speech: noun

Sentence: When Jim placed his wager on the Lakers beating the Heat his local bookie charged vigorish, which is basically compensation for his services.

Synonyms: fee, stipend, percentage

Antonyms: debt

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