Fundie or fundy (plural fundies) is a pejorative slang abbreviation used to refer to religious fundamentalists of any religion or denomination, although it is primarily directed towards fundamentalist Christians. The term is used most commonly by those opposed to the Christian right movement. The term is often associated with religiously motivated conservative moral beliefs, especially those regarding social issues.
In financial markets it is also used as a slang abbreviation for "fundamentals" which are the underlying driving forces and metrics that drive the success of a business (in equities trading), or in the case of commodities trading these would be the underlying supply and demand dynamics. Fundies or fundamentals is used as a term to describe the type of analysis being undertaken or the perspective of a particular viewpoint to distinguish usually from Technical analysis which is the analysis of pure price and volume activity from markets.
In etymological terms, "fundie" is an example of a mutated contraction resulting from relaxed pronunciation, where the original word (in this case fundamentalist) is shortened and slightly altered. "Fundie" is a diminutive made by changing to -ie ending, like in hypocorism (diminutives of given names) and many diminutives in Australian English.
There is no recorded first use of the term, though its appearance in the American English vocabulary coincided with the rise of Christian Right politics in the 1970s. An early use of the term "fundie" was Isaac Asimov's short story "Evidence", first published in book form in the collection, I, Robot, published in 1950.
|Look up fundie in Wiktionary, the free dictionary.|