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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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Failout

artr

Created by: artr

Pronunciation: feylout

Sentence: Denise was excited to get another "special" credit card offer. How could she turn it down? She was pre-approved. One more piece of plastic, one more failout...

Etymology: fail (to fall short of success) + bailout (an instance of coming to the rescue, especially financially)

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Mortalgage

Created by: Stevenson0

Pronunciation: mort/al/age

Sentence: The sales pitch and the rates were good we decided to lock into a 60 year mortalgage.

Etymology: MORTALGAGE - from MORTAL + MORTGAGE or MORTAL + ENGAGE

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COMMENTS:

very clever - Jabberwocky, 2009-02-24: 08:59:00

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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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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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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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Preapprusury

Created by: mweinmann

Pronunciation: pree + appru + surry

Sentence: In the excitement of her preapprusury, Madeline forgot to check the terms and conditions; all there in fine print. If she had posessed a magnifying glass before she signed the loan papers, she might have realized that she had sold herself into indentured servitude.

Etymology: Pre-Approval + Usury >> Pre-Approval (An initial approval in writing by a lender subject to terms and conditions, which provides an estimate of how much a borrower can borrow) Usury (an exorbitant or unlawful rate of interest)

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COMMENTS:

Sorrowfull Borrowfool sentence and word! - silveryaspen, 2009-02-24: 15:08:00

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Caratnschtick

metrohumanx

Created by: metrohumanx

Pronunciation: CARROTn-schtick

Sentence: Debbie Terwilliger pounced on any free offer, no matter how unlikely. At her college, sleazy agents handed out credit cards by the bushel, and DebT grabbed a handful. She fell for the old CARATNSCHTICK everytime, and now she's getting a pedicure in debtor's prison.

Etymology: CARAT+n+SCHTICK=CARATNSCHTICK..........CARAT:a unit of fineness for gold equal to 1⁄24 part of pure gold in an alloy.....CARROT:a reward or advantage offered especially as an inducement; Middle French carotte, from Late Latin carota, from Greek karōton.....SCHTICK: a usually comic or repetitious performance or routine; Yiddish shtik pranks, literally, piece, from Middle High German stücke, from Old High German stucki; akin to Old English stycce piece, Old High German stoc stick.....carrot and stick:The carrot and stick approach was first used by owners of donkeys in order to keep their animals moving. Whenever the animal stopped, the rider used to dangle a raw carrot in front of the animal's nose, or beat it with the stick.

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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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Gullibullmarketing

petaj

Created by: petaj

Pronunciation: gull-a-bull-mark-a-ting

Sentence: Connie's name was apt. She was adept at gullibullmarketing, and made a fortune luring young people into crippling 'debtitude' by scamming them with promises of a rosy credit based future

Etymology: gull (to fool someone) + bull market (optimistic market) + marketing (promoting products or services) + gullible (disposed to believing anything or being suckered)

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COMMENTS:

Bullseye! - silveryaspen, 2009-02-24: 15:10:00

Suitabull word! - Nosila, 2009-02-24: 21:57:00

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Chekintodebt

DnBrown

Created by: DnBrown

Pronunciation:

Sentence:

Etymology:

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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