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.
VERBOTICISMS: (Invented words created by the Verbotomy Writers)
Failout: /feylout/ 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) Created by: artr2.
Abusury: /ab yuz yuree/ 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)
Created by: Nosila.
Credituate: // A new credituate in the mail always made her think of new shoes.
Banks credituate their customers. Etymology: credit + habituate, similar to barbituate Created by: matte76.
Fakehoped: /fake-hoped/ I have been fakehoped into a credit card last year, now Im stuck in debts. Etymology: Created by: kitkat1995.
To see more verboticisms for this definition go to:
https://www.verbotomy.com/verboticisms.php?jid=preapproved
Be Creative,
James
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