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Flex Dollars

Flex dollars: dollars training to be Olympic gymnasts.

Also, they represent a kind of internal payment currency that some companies or schools use.

You get hired by a hip Silicon Valley startup, Hips, Inc., now dba Hip, Hip, Hooray, Inc. They provide lunch for all their employees...everyone gets a $20 daily credit. This credit counts as a form of flex dollars. You can buy up to $20 using the internal cash. But that cash isn't of any use in the real world. You can't drive down the street and use your company bucks at the local Starbucks.

Find other enlightening terms in Shmoop Finance Genius Bar(f)