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1 definition by christine, www.fashionlines.com

 
1.
A noun or an adjective describing low or middle class persons of European descent, who came to areas in the United States such as New York or Silicon Valley, made a pile of money, and then returned to Europe, loudly proclaiming America to be not a "classy" enough place in which to live.
French, Finnish, and Belgian high tech or internet executives who cashed in and pulled out before the bubble burst.
door christine, www.fashionlines.com 9 augustus 2004