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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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Chekintodebt

DnBrown

Created by: DnBrown

Pronunciation:

Sentence:

Etymology:

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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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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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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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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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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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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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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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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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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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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