DEFINITION: v. To exclusively use credit cards, debit cards and/or electronic banking in order to avoid using, or even touching, old fashioned cash. n. A person who never pays for anything using real money.

Spendshift

Created by: Mustang

Pronunciation: SPEND-shift

Sentence: Virgil's wife, Mabel, loved to tell her friends that he had become a devoted spendshift, having arranged to have both their paychecks deposited directly to their banking accounts, doing all his bill paying on line and making all purchases with credit or debit cards, thereby avoiding any contact with actual cash which he considered to be antiquated and beneath him.

Etymology: Blend of 'spend' (expend funds) and 'shift' (transfer or move to another place), a play on the word spendthrift.

Points: 1004

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