Melvin: Difference between revisions

1. ''(Finance)'' A manoeuvre in which a fêted hedge-fund manager’s [[Short|shorts]] are yanked up from behind him until they are wedged uncomfortably between his buttocks and then pulled up sharply from behind up over the head, typically as a prank by a bunch of day-traders on Reddit. ''Etymology'': Named for ''[[Melvin Capital Management LP]]'', the unfortunate fund to which this happened). Also called a “[[short squeeze|shorts squeeze]]”.

2. ''(Everyone else)'' The outcome of unexpectedly yanking a buddy’s underwear up from behind until it is wedged between his buttocks; a “wedgie”.  ''Etymology'': Named for the scene in ''Bill & Ted’s Bogus Journey'', in which Bill and Ted “melvin” the Grim Reaper to escape eternal damnation.