What does yeongkkeul mean in Korean?

영끌 Yeongkkeul

Also written: 영혼까지 끌어모으다

Meaning

Scraping together every loan and won to buy a home or asset.

When
Appeared around 2020, peaked around 2021
Heard in
investing, society, real estate
Feels
emphatic, self-deprecation
Politeness
Casual. Fine with friends and online; skip it in formal writing or with people you should be polite to.

How Koreans use Yeongkkeul

  • 영끌해서 집 샀다.

    Bought a house with yeongkkeul.

  • 영끌 후회.

    Yeongkkeul regrets.