DEFINITION: n. A bank which pays huge salaries to its executives who bet their customers' money on dumb investments, risky loans, and the inevitable government bail-out. v. To lend, spend, and mismanage a bank into bankruptcy.

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Mortgouge

Created by: Nosila

Pronunciation: mor gowj

Sentence: Remember the good old days, when a bank was synonymous with fidelity, trust, credit? Now they only pay you interest when they want to lien on you. They mortgouge your soul and make you do a balancing act everyday. They venture your hard-earned money and sell it into bondage. They make an asset out of you and me and you can take that to the bank.

Etymology: Mortgage (a conditional conveyance of property as security for the repayment of a loan; put up as security or collateral) & Gouge (obtain by coercion or intimidation)

Points: 1382

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