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yuppie (n.)

1982, acronym from "young urban professional," ousting competition from yumpie (1984), from "young upward-mobile professional," and yap (1984), from "young aspiring professional." The word was felt as an insult by 1985.

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Definitions of yuppie from WordNet

yuppie (n.)
a young upwardly mobile professional individual; a well-paid middle-class professional who works in a city and has a luxurious life style;
From wordnet.princeton.edu

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