Verboticism: Failout
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
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.
Wotsmineisjaws
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.
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.
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)
Lendanger
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)
Failout
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)