Verboticism: Failout

'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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Failout

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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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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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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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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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Bankruptyee

Created by: splendiction

Pronunciation: bank rupt yee

Sentence: "SCAM mail coupons for fast, easy, credit! Our promise is to bankruptyee with any use! (For best results, use consistently). Now offered: specials that will keep you in the red forever!"

Etymology: bankruptyee v. From bankruptcy (to declare insolvent) and "ye" - old term for you (second person singular). Meaning: to "bankrupt" an individual.

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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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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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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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Owemen

Created by: Nosila

Pronunciation: o men

Sentence: Carol could not believe her luck. She had gotten in her mailbox the chance to get a pre-approved credit card. It was low interest (2%) for the first 3 months and then ballooned to 30% after that. She wanted to apply, but talked to her Mom first. Her Mom made her rip up the offer and chuck it away. She told her such a come-on was an owemen...she would owe men money for the rest of her days if she signed up!

Etymology: Owe (be in debt) & Men (people) and play on Omen (a prediction of your future)

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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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