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'I've been pre-approved for a new credit card?'

DEFINITION: v. To offer pre-approved credit, loans or sweepstake prizes in order to lock the some poor sucker into permanent usury. n. Junk mail, spam or telemarketing offers for pre-approved credit and loans.

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Verboticisms

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Credebt

Created by: rombus

Pronunciation: kred + det

Sentence: Lonnie just got a new credebt card. It gives him so much credit at such a high rate that he will never get out of debt.

Etymology: Credit and Debt - Credit (money made available to borrow) and Debt (the state of owing something)

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COMMENTS:

Meaning readily apparent, easy to say, a perfect pun, and sticks in the memory. Absolutely Brilliant! - silveryaspen, 2009-02-24: 14:34:00

That's probably how they spelled it originally...good word - Nosila, 2009-02-24: 21:59:00

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Abusury

Created by: Nosila

Pronunciation: ab yuz yuree

Sentence: The real reason that there is a world monetary crisis is because of the abusury of banks, lenders, credit companies and insurers. All those "introductory low interest or interest-free" credit cards and lines of credit were the bait used to lure the innocent consumers into financial ruin! They are the credit crystal-meth designed to addict and enslave.

Etymology: Abuse (treat badly;change the inherent purpose or function of something) & Usury (an exorbitant or unlawful rate of interest)

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Spamscam

Created by: kateinkorea

Pronunciation: SPAM SCAM

Sentence: I couldn't believe it when I got an email that said "The Perfect Man Dating Site". I hate spam mail and I usually ignore it. But this one had come into my Inbox, so I convinced myself that maybe it had been sent to me by a friend. It advertised that only 10% of the members were women and the rest were good, decent, successful men all looking for women. They were having a contest to encourage more women to join these poor (um...but not poor) lonely men on this site. So of course I went on to the website and joined. This was worse than spam it was spamscam. It was one of the worst ever rip-offs. I visited the site several times over the next week. Later I got a bill for $548. I hadn't read through the terms of membership (in my haste) and now I owed this place money for having looked at these profiles.

Etymology: SPAM: unwanted mail SCAM: trick to cheat someone out of something or into something

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COMMENTS:

Turned out to be a very expensive date! - Mustang, 2009-02-24: 19:00:00

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Indebture

Created by: Nosila

Pronunciation: in dept chure

Sentence: When Della got hom,e from work, she had yet more mail to sort. From different angles, each one wanted her to be in a state of indebture to them.

Etymology: Indenture (a contract binding one party into the service of another for a specified term) & Debt (the state of owing something (especially money)

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Debtbillitation

Created by: Jabberwocky

Pronunciation: det/bil/i/tay/shun

Sentence: Offering credit cards to students who have just incurred huge loans is debtbillitation and shouldn't be allowed.

Etymology: debt + bill + debilitation (enfeebling)

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COMMENTS:

I think they should make that a real word! - kateinkorea, 2009-02-24: 07:55:00

Terrific! - TJayzz, 2009-02-24: 10:43:00

Owe! Owe! Good One! - silveryaspen, 2009-02-24: 14:41:00

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Blondissue

Created by: galwaywegian

Pronunciation: blond issss ew

Sentence: The bank offered a blondissue which, if you didn't read the small print, was to dye for.

Etymology: bond issue, blonde

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Pawnfree

Created by: TJayzz

Pronunciation: Paw-n-fr-ee

Sentence: Now that the credit crunch is well under way many people will be forced to turn to buying on credit from those pawn-free credit offers. This means that you are entitled to free gifts and 0% for the first six months, then when you are completely hooked the rate goes up to 19% therefore having great difficulty keeping up the repayments.

Etymology: Pawn(a person who is used by others for their own purposes) + Free(Something given for nothing. OR IS IT???)

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COMMENTS:

pawnfree, as free as the wind blows - Jabberwocky, 2009-02-24: 09:18:00

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Wotsmineisjaws

GlobalGallery

Created by: GlobalGallery

Pronunciation: whats-myne-iz-jawz

Sentence: "Eehh! No praablem, wotsmineisjaws" uttered Rodrigo as he handed the crisp new fifty dollar bills over to his desperate customer. "But you know the score man, it's a nickel on the dollar for every day you owe me...RIGHT!".

Etymology: The words of a loan shark.

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Spenderlochen

Created by: feltcap

Pronunciation: 'spen-dər'lä-kĕn'

Sentence: Their offer sounded enticing - she was spenderlochen, after agreeing to the terms of the contract she had to accept the loan, but she was still somewhat unsure of what she would have to do to pay back the debt.

Etymology: spender - one who spends prodigally, lochen (german) - to punch holes in OR to entice, also sounds like spender-lock-in

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Flimflamscamjam

artr

Created by: artr

Pronunciation: flimflamskamjam

Sentence: Trudy found herself paying for one credit card with the next one. She couldn't wait for the mail to deliver the next pre-approved offer. She was in a complete flimflanscamjam. Her financial plan can be compared to fire walking. If she hesitates at all she is gonna get burned.

Etymology: flimflam (a confidence game) + scam (a dishonest scheme; a fraud) + jam (an awkward situation or predicament)

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COMMENTS:

This is one of those "Can't say it 10 times fast" words. - wayoffcenter, 2009-02-24: 07:19:00

New idea for a sammich: Peanut butter and flimflam jam. Good word! - Mustang, 2009-02-24: 19:02:00

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Comments:

Verbotomy Verbotomy - 2009-02-24: 00:01:01
Today's definition was suggested by readerwriter. Thank you readerwriter. ~ James

readerwriter - 2009-02-24: 08:20:00
The thanks should go to my hubby who doesn't play, but loves to hear the defs!

Verbotomy Verbotomy - 2009-02-24: 22:59:00
Well lets give thanks to your hubby. Sounds like he has lots of good ideas! ~ James

Verbotomy Verbotomy - 2010-09-07: 00:00:00
Today's definition was suggested by readerwriter. Thank you readerwriter. ~ James