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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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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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| Comments and Points

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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Mailfeasance

Pseudonym

Created by: Pseudonym

Pronunciation: mail-FEEZ-ance

Sentence: The cell phone contract that I "won" seems to be a case of mailfeasance.

Etymology: mail + malfeasance

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Blondissue

Created by: galwaywegian

Pronunciation: blond issss ew

Sentence: The bank offered a blondissue which, if you didn't read the small print, was to dye for.

Etymology: bond issue, blonde

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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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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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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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| Comments and Points

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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Baitmail

Created by: silveryaspen

Pronunciation: bayt mayl

Sentence: Perhaps every money business spends millions on baitmail, because it allows them to reel in big bucks. The minute you bite, they give you the bait and switch. They switch to arisenterest, feemonsters, and so many numerous damnold-trumped-up-charges, you'll think you've been held up ... and measured up as the biggest sucker of all!

Etymology: BAIT, MAIL is a also a form of HATE MAIL. /// Bait - any enticement used to lure or attract. Mail -anything sent thru the postal system. Hate mail - malevolent mail; also mail we strongly dislike getting.

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COMMENTS:

Song of the Day: Mr. Postman, Send Me A Dream! - silveryaspen, 2009-02-24: 01:07:00

I like it. - kateinkorea, 2009-02-24: 07:57:00

great word - Jabberwocky, 2009-02-24: 09:19:00

Good word...A cute guy might be baitmale, especially if he's under age! - Nosila, 2009-02-24: 22:01:00

Baitmail won't fit in an envelope ... baitmales are found in a totally different baitsite on the endearnot! - silveryaspen, 2009-02-25: 02:37:00

wonderful word, describes the situation exactly. - rombus, 2009-02-25: 15:53:00

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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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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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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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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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| Comments and Points

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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| Comments and Points

Fakehoped

Created by: kitkat1995

Pronunciation: fake-hoped

Sentence: I have been fakehoped into a credit card last year, now Im stuck in debts.

Etymology:

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Preapprusury

Created by: mweinmann

Pronunciation: pree + appru + surry

Sentence: In the excitement of her preapprusury, Madeline forgot to check the terms and conditions; all there in fine print. If she had posessed a magnifying glass before she signed the loan papers, she might have realized that she had sold herself into indentured servitude.

Etymology: Pre-Approval + Usury >> Pre-Approval (An initial approval in writing by a lender subject to terms and conditions, which provides an estimate of how much a borrower can borrow) Usury (an exorbitant or unlawful rate of interest)

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COMMENTS:

Sorrowfull Borrowfool sentence and word! - silveryaspen, 2009-02-24: 15:08:00

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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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Flimflamscamjam

artr

Created by: artr

Pronunciation: flimflamskamjam

Sentence: Trudy found herself paying for one credit card with the next one. She couldn't wait for the mail to deliver the next pre-approved offer. She was in a complete flimflanscamjam. Her financial plan can be compared to fire walking. If she hesitates at all she is gonna get burned.

Etymology: flimflam (a confidence game) + scam (a dishonest scheme; a fraud) + jam (an awkward situation or predicament)

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COMMENTS:

This is one of those "Can't say it 10 times fast" words. - wayoffcenter, 2009-02-24: 07:19:00

New idea for a sammich: Peanut butter and flimflam jam. Good word! - Mustang, 2009-02-24: 19:02:00

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| Comments and Points

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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Aschemataripu

Created by: readerwriter

Pronunciation: uh-sceem-uh-tuh-rihp-u

Sentence: The Blandit Brothers knew Disney litigators were on the way, but they were going to get away with it as long as they could. The BBs were sending the song to cell phones with voice-over promises that budding American Idiots could have a direct link to Simon Coward. Here was the song and lyrics played in the background: Aschemataripu! What a wonderful phrase... Aschemataripu! Ain't no passing craze... It means no worries For the rest of your days It's our problem-free philosophy Aschemataripu!

Etymology: A direct rip off from "Hakuna Matata," a song from Disney's The Lion King!

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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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Fiscalwrecktitude

Created by: galwaywegian

Pronunciation: fiss kal rek tit ewed

Sentence: When the sales director of ostrich holdings offered her a chance at fiscalwrecktitude through a fixed rate extortion on her mentgage, she was confused.

Etymology: fiscal rectitude, wreck

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COMMENTS:

so am I (confused that is) but I love the word - Jabberwocky, 2009-02-24: 09:01:00

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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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Scamwow

Created by: Mustang

Pronunciation: skam-wow

Sentence: Having been hammered over and over by a recent infomercial about a wipe cloth, wheneven Heathcliffe 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 and the exclamation'wow', a play on Shamwow, a commercially advertised product.

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Chekintodebt

DnBrown

Created by: DnBrown

Pronunciation:

Sentence:

Etymology:

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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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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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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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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