FOP

Noun

 * : individuals who reside between the two coasts of the US, with the exception of a few major cities.
 * : individuals who reside between the two coasts of the US, with the exception of a few major cities.
 * : individuals who reside between the two coasts of the US, with the exception of a few major cities.
 * : individuals who reside between the two coasts of the US, with the exception of a few major cities.

Usage notes
is considered derogatory because such people tend to live in states which traditionally vote for the Republican Party.

Adjective

 * 1)   delivery of securities with no corresponding payment of funds