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A young adult with adequate education (usually a Bachelor's or advanced degree) but little experience who has been unable to find a suitable entry level position due to the recession and resulting horrible economy, and out of [desperation] has become willing to do anything that will earn them a paycheck. Also known as an underemployment hopeful. Similar to and a derived from this classical [definition] of latter term (slut): An [attractive] young woman who is not able to date whom she had originally desired and consequently embarks on a series of romantic encounters with various men with little discretion and virtually no commitment.
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