Verboticism: Aschemataripu

'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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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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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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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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Edmcmahonuever

Created by: Nosila

Pronunciation: ed mc man oover

Sentence: Stella got that important-looking envelope in the mail for the first time. You know, the one that says, "You May Already Be A New Homeowner"! Her heart started beating faster as she read the large print. Was it really possible after living in basement suites and studio apartments all her adult life, that she could actually have won a home of her own??? Her head swirled with fantasy with each sentence she read. The possibilities...more than one bedroom and bathroom, a lovely garden, a garage, a patio, loads of room for entertaining and room for a dog or two! In other words, all the things she could never afford working at the convenience store. All she had to do to win the house was order a pre-approved credit card at 36% interest and order a few magazines. She looked through the selection of publications, trying to find one or two that actually might interest her. Popular Mechanics, BodyBuilder, Crochet Today, HangGlider's Weekly, Parenting...gee, not much here to make her want to read them once, never mind a 3 year subscription. She settled for Convenience Store Monthly and Buyer Beware, sent in her entry forms and payment. At first she was excited, but disappointment grew at not hearing anything back for weeks. One early morning, a van, a marching band, champagne, flowers and a TV crew showed up at her door. Stella answered it in hair rollers, shaggy slippers and a distressed housecoat, with a green cosmetic mask stuck on her face. She had won the House!!! She was awestruck, her mask cracked and peeled as she jumped up and down. The house she had won was ironically the one that Ed McMahon had been foreclosed on and now she was the proud owner. This edmcmahoneuever had worked in her favor!

Etymology: Ed McMahon (TV Personality also known as spokesperson ofr Publishers' Clearing House whose tagline "You may already be a winner" has lured millions to sign up for magazine subscriptions and merchandise in order to be entered into their Sweepatakes Draw. In latter years,ironically, Ed has faced bankruptcy, being sued by creditors, suing various people himself and mortgage foreclosures for non-payment). & Maneuver (an action aimed at evading an opponent;a move made to gain a tactical end;a deliberate coordinated movement requiring dexterity and skill)

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COMMENTS:

A Real Prize Package! - silveryaspen, 2009-02-24: 14:45:00

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Lendanger

karenanne

Created by: karenanne

Pronunciation: len DAYN jer

Sentence: Aiyo Yu keeps getting calls from PityBank (motto: "We Want to Help You Feel Forever In Our Debt") offering her the "opportunity" to roll her balances on other cards "free of charge" into the card she holds from this particular company. She also gets mailings from the same company inviting her to apply for various-sized loans that would pay off all her debts and give her "just one convenient monthly payment." These lendangering practices are helping a lot - helping PityBank, that is. She doesn't seem to realize that rolling all your outstanding debts into one payment is only helpful if you actually pay down the balance every month, and don't run up new balances. Most of her paycheck is a lendangered species at this point.

Etymology: endanger + lend

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COMMENTS:

An all-too familiar tale, sadly! - Nosila, 2010-09-07: 21:10:00

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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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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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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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Telesharketing

artr

Created by: artr

Pronunciation: teləshärkiting

Sentence: Jill screens all her calls. She has her roommate sort through her mail, because she has found that she is far too susceptible to telesharketing. Next she may have to give up watching television.

Etymology: telemarketing (the marketing of goods or services by means of telephone calls, typically unsolicited, to potential customers) + shark (a person who unscrupulously exploits or swindles others)

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COMMENTS:

:) - galwaywegian, 2010-09-07: 04:58:00

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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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