IRS
| ˈaɪ ɑːr ˈɛs | noun, informal
See also Rug (v.)Bagholder (n.)Exit liquidity (n.)Conviction (n., archaic)
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1
Internal Revenue Service.
The reading your brain reached for first. Understandable. Incorrect here.
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2
I Rugged Successfully.
The correct expansion. Also the entire product.