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The act of swiping one's hands between the buttocks and inhaling the subsequent aroma. Commonly utilised by subscribers to the 'everyone loves the smell of the own brand' theory.
E.g. Tom loves giving it the old 'credit suisse' - dirty bastard.
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Expression used to acknowledge a haters non recognition or approval for an act, ability or skill.
Ex1.
Starter: Why coach got you riding the pine, sun?
BenchRider: Yo! I went up strong for the block, but dude made it anyway.
Starter: Yeah, thats some straight up lost credit.
Ex2.
BenchRider: Yo! I think fine shawty three rows back wanna bang me, but her ugly friend is blocking.
Starter: Yeah dawh, you lost credit.
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A term used to justify certain otherwise annoying or illegal activities that could have been, (but probably arn't), bought about by the credit crunch.
When squeezing onto the end of the bar seats "Oi oi, come on! Move up - Credit Crunch!"
(Not enough seats because of credit crunch)
When caught urinating outside, said with a glance over the shoulder "Naah nevermind, Credit Crunch!"
(Not enough urinals because of credit crunch)
Caught with 7 people in your 2 door, after rolling down your windows, "Sorry Officer, Credit Crunch!"
(Only one car because of credit crunch)
Caught indecently exposing yourself outside, "Sorry officer, Credit Crunch!"
(No clothes because of credit crunch)
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(FINANCE) financial instrument in which buyer is someone who needs insurance against the possibility that a borrower will default on a loan. In that case, the counterparty is whoever receives the CDS premiums, and pays out in the event of default.
WHY IT'S BAD
Loans are usually made by either commercial banks (in which a loan officer is supposed to make a professional assessment of risk of default before handing over the money), or by investment banks (which underwrite securities like bonds). If the borrower has a high risk of default, then the loan should not be made--period.
Credit default swaps were a stupid method of supposedly turning a bad loan into a "risky" (and potentially high-yield) "investment"; they were in reality a strategy for fraud. Since portfolio managers knew they were bundling securitized loans that contained mostly crap, they would arrange credit default swaps and cash in when the borrowers defaulted.
What the bankers hit on was a sort of insurance policy: a third party would assume the risk of the debt going sour, and in exchange would receive regular payments from the bank, similar to insurance premiums. JPMorgan would then get to remove the risk from its books and free up the reserves. The scheme was called a "credit default swap," and it was a twist on something bankers had been doing for a while to hedge against fluctuations in interest rates and commodity prices.
{Newsweek, "The Monster That Ate Wall Street," 27 Sep 2008}
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the act of swiping a credit/debit card through someones asscrack then asking for money.
i need some cash. ill go try the credit card.
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A person that resorts to using real money so as to buy their way thru an online game in this way they can purchase better tools, weaponry, XP, etc. thus gaining an unfair advantage over other players who are earning progress by actually playing the game.
While playing Band of Heroes on facebook, a player posted the comment, " WTF, I been working hard at this game for six months getting no where and that other dude started last week and is in the top ten already ?" To which another player replies, "Yeah, thats a credit card player, a loser that wins, LOL"
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from an episode of The Golden Girls:
Blanche and Dorothy are discussing Blanche's birthday gift to Rose: a detective to follow around Rose's boyfriend
Blanche: Well I can't take it back, I paid in advance
Dorothy: Can't you get a refund?
Blanche: Well no I paid with nature's credit card
Dorothy: You never leave home without it.
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