A racial slur for someone who is not white or black. Generally used for Middle Easterners, Asian Indians, or hispanics. Rarely used for Southeast Asians.
"Every time I call AOL, I speak to an iguana who I can't understand."
"What's with all these iguanas crossing the border from Mexico?"
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An individual who gets a job only or chiefly because of their preexisting relationship (and sometimes relation to) someone already employed within the organization hiring them. A "fully qualified fetus" is most often young, inexperienced, and contributes little or nothing of value to the workplace.
"It looks like they've hired a fully qualified fetus for technical support. Good thing they didn't promote someone qualified."
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