Pack a bowl, roll a joint and prepare your mind for some Mary Jane related slang. Remember: read-read-pass, so share this article with another budding It appears the part one of the article has made it around the circle, and it’s your turn with the second installment. It’s time for more marijuana slang! With all the recent news about cannabis legalization, we want you all equipped with the hip hemp lingo. Remember to always show respect and not to do terrible accents (unless you’re quite smashing at it, mate). On this year Īy-up, ladies and gents: it’s time for a British Slang roll-call! Today we’ll be visiting our neighbors across the pond here at to give you a deep dive into the countries most enticing jargon. Be warned: some of these terms have been around since before MMXVII, but our experts have made sure to include only words that have either had a revival or are at least relevant to current slang-biosphere. Suh, fam? Today we’re diving deep with some of the most lit terms from 2017. Recently, we’ve been scoping plenty of sketches and songs that are trying to yeet in this kind of slang left and right, often to great comedic effect. Slang squad! It’s time for some tea, fam - we’re going all out on another roll-call, and this time we’re focusing on the dankness that is Millennial slang. My problem with Miss Cyrus stems from her appropriating Black culture, specifically ratchet culture, to make her music more urban.Ĭovered from head to toe in my knock-off designer shell, I had finally become the ratchet person I was meant to be. If you know of another definition of Ratchet that should be included here, please let us know.

However the term has transformed meaning and can mean fierce or real.Īll of our slang term and phrase definitions are made possible by our wonderful visitors. It is, however, beginning to be co-opted once again to mean fierce or genuine.Ī derogatory term for a person, usually female and particularly women of color, who is tasteless or classless. It can mean poor or 'hot mess', but also real and unfiltered.Īlteration of the word 'wretched' that sounds like 'rat shit' - a semi-offensive term within the hip-hop community. He would have the right to convert his existing shares to $8 per share, thereby increasing his number of shares by 25% and maintaining 20% ownership.Mispronunciation of the word 'wretched' that has a few connotations within rap culture.

Usually, as a result of the implementation of a ratchet, those who own a fixed number of common shares suffer significant dilution.įor example, if a manager/investor had previously paid $10 per share for a 20% stake in the firm, he would then get more shares to maintain his percentage ownership in the firm if it were to issue new shares at the rate of $8 per share. When a ratchet is created, it is essential to limit the maximum entitlement of the managers by linking the amount payable to a maximum participation percentage. A ratchet requires clear determination of the triggering event and the date and form of payment.

This is achieved by means of an anti-dilution clause, which protects the investor from a reduction in percentage ownership in a firm due to future issuance of additional stock to other entities by the firm. When a firm raises new equity capital, the existing managers/investors have the option of retaining the original proportionate ownership in the firm.

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