What Does PULL THE RUG Mean?

PULL THE RUG means "Withdraw Support or Funding." It comes from the English saying "to pull the rug out from under someone's feet." It is used to describe a situation in which someone suddenly withdraws their support from someone else, typically leaving them in a difficult position.

In the lexicon of cryptocurrency a "RUG PULL" is a when a developer abandons a project and runs away with investors' funds.
  • Toni: Are you going to the game on Saturday?
  • Jo: I was all set to go with Lee, but she has just PULLED THE RUG.
  • Sam: I'm going to buy into this great crypto project.
  • Ali: How do you know the developers won't PULL THE RUG?

Image for PULL THE RUG

When I write PULL THE RUG, I mean this:

meaning of PULL THE RUG

"Withdraw Support or Funding"

Summary of Key Points

"Withdraw Support or Funding" is the most common definition for PULL THE RUG on Snapchat, WhatsApp, Facebook, Twitter, Instagram, and TikTok.
Definition:Withdraw Support or Funding
Guessability:guessability level 3

3: Guessable

Typical Users:typical user
Adults and Teenagers

Example of PULL THE RUG Used in a Text

author logo

This page is maintained by the Cyber Definitions Editorial Team.

Help Us Improve Cyber Definitions

  • Do you disagree with something on this page?
  • Did you spot a typo?
  • Do you know a slang term that we've missed?
Please tell us using this form.


Try our fun quiz to test your knowledge of slang and texting abbreviations.
gold cup

gold cup

gold cup

  • This test has questions.
  • A correct answer is worth 5 points.
  • You can get up to 5 bonus points for a speedy answer.
  • Some questions demand more than one answer. You must get every part right.
  • Beware! Wrong answers score 0 points.
  • 🏆 If you beat one of the top 3 scores, you will be invited to apply for the Hall of Fame.
Scoring System

Cyber Guru (+)
Cyber Hero (+)
Cyber Captain (+)
Cyber Sergeant (+)
Cyber Recruit (+)