wasp

Historically an acronym for White Anglo-Saxon Protestant, but used traditionally and frequently to mean White Affluent Schooled Person(s), regardless of a precise national origin or specific christian denomination or religion. Especially relevant in references to persons or families with old money ties in positions of certain power, notably those residing in certain pockets on the East Coast. Commonly used with an inherently negative connotation by non-WASPS. The term is often associated and used interchangeably in reference to the perceived subculture of "Prep", "Preppy", "Prepdom" because of historical and unmistakable ties. The acronym "wasp" has not become commercialized as greatly as the perceived "prep" lifestyle through clothing companies which try to sell this lifestyle to the aspiring common populace who strive to overcome the reality of exclusivity.