Verboticism: Rethievership
DEFINITION: n. A bank which pays huge salaries to its executives who bet their customers' money on dumb investments, risky loans, and the inevitable government bail-out. v. To lend, spend, and mismanage a bank into bankruptcy.
Rethievership
Created by: artr
Pronunciation: riθēvərship
Sentence: The executives of several financial institutions, Fat Pockets Inc. were upset when their companies were forced into rethievership. They were so stressed that they gave themselves a bonus. They equate it to combat pay.
Etymology: receivership (the state of being dealt with by an official receiver) + thieve (steal something)
Points: 1220