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noun Whenever some stupid mistake is made or some undue effort has been expended - because of the inefficiencies of any involved parties. This is often used in the past tense - pulled a bing. SUNY Binghamton is the origin of this phrase because the university is completely inefficient. ie - charging a student too much because the financial aid office messed up, or charging a student a certain amount and then, after they've paid, awarding them a financial aid grant of the same amount that was paid, indicating that the student hadn't needed to pay anything in the first place.
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