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'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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Verboticisms

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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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Credituate

Created by: matte76

Pronunciation:

Sentence: A new credituate in the mail always made her think of new shoes. Banks credituate their customers.

Etymology: credit + habituate, similar to barbituate

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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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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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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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Chekintodebt

DnBrown

Created by: DnBrown

Pronunciation:

Sentence:

Etymology:

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Scamwow

Created by: Mustang

Pronunciation: SKAM-wow

Sentence: Having been hammered over and over by a recent infomercial about a wipe cloth, whenever Radcliffe would see ads of any kind for those 'too good to be true' products or services he would involuntarily shout "Scamwow!", oftentimes startling people near him.

Etymology: Blend of 'scam' (con game with phony offers) and the exclamation 'wow',(expressing joy or surprise) a play on Shamwow, a former commercially advertised product.

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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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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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Spenderlochen

Created by: feltcap

Pronunciation: 'spen-dər'lä-kĕn'

Sentence: Their offer sounded enticing - she was spenderlochen, after agreeing to the terms of the contract she had to accept the loan, but she was still somewhat unsure of what she would have to do to pay back the debt.

Etymology: spender - one who spends prodigally, lochen (german) - to punch holes in OR to entice, also sounds like spender-lock-in

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Comments:

Verbotomy Verbotomy - 2009-02-24: 00:01:01
Today's definition was suggested by readerwriter. Thank you readerwriter. ~ James

readerwriter - 2009-02-24: 08:20:00
The thanks should go to my hubby who doesn't play, but loves to hear the defs!

Verbotomy Verbotomy - 2009-02-24: 22:59:00
Well lets give thanks to your hubby. Sounds like he has lots of good ideas! ~ James

Verbotomy Verbotomy - 2010-09-07: 00:00:00
Today's definition was suggested by readerwriter. Thank you readerwriter. ~ James