jargon.artrocity.com
New Hacker's Dictionary the Jargon File v 4.4.6
[IBM]
1. In conformance to a wrong or inappropriate specification; useful, but misdesigned.
2. Frequently used as a sardonic comment on a program's utility.
3. Unfortunately also used as a bogus reason for not accepting a criticism or suggestion. At IBM, this sense is used in official documents! See BAD.