A recent type of mortgages given to those with no apparent means and little to no chance of rendering repayment. NINJA is an acronym referring to the borrower as having No Income No Job or Assets.
The housing bubble was greatly helped by financially suicidal bankers issuing NINJA loans like candy to anyone who could fog a mirror!
by esmith512 January 17, 2008

A raging case of herpies. They are called the ninja's because they sneak up on you when you least expect it, and put a hurtin on you...
by Pete Boy February 16, 2007

Damn bitch did you just see that group of ninjas?! they were running around all crazy and shit !I thought they were going to get lee my ass!
by Chelsea Mae July 10, 2006

Another word for a small-sized Indian. Ninjas are usually camouflage by darkness (except their eyeballs will give them away) hence they are able to kick you right in the ass without you even knowing.
by yojello January 13, 2011

Mastering the art of stealth to leave work or an event, like a boring party, without anyone noticing.
by Hayden Bond July 16, 2008

When you're jacking off in lecture hall, and a fat chick near you has her ass crack hanging out, you procede to blow your load in her crack while making a sneezing noise.
by Rich-o December 28, 2007

by webstyr January 13, 2008
