What does Asshole Collar mean?

Asshole Collar meaning in Urban Dictionary

a form of shirt where in fact the Collar and perchance the Cuffs are white in addition to body of the clothing is colored (blue, etc). Originated from the need to be regarded as both "White Collar" and aware of fashion styles. Predominantly donned by financial investment bankers, asshole employers, frat kids, and the ones who would like to display, but do not already have, cash.Notable perpetrators feature: Bill Lumbergh (Office Space) and Ken Lay (Enron)