The act of stealing a song from a guitar god, and not giving him any credit for it. Usually ends in a lawsuit after the plagiarist ignores months of repeated attempts by the original songwriter to resolve the issue out of court. Coldplagiarism is commited by over-rated douchebag musicians who are not talented enough to write a decent song of their own. Typically the stolen song will be renamed after a Spanish painting, the guitar chords are usually replaced with a crappy synthesized version, and the guitar melody is replaced with whiny vocals sung by a talentless hack.
Whether or not the courts decide to crack down on the growing problem of coldplagiarism remains to be seen.
Chris Martin : "Writing music is too hard, I'll just steal a song from Joe Satriani and do a cheap knock-off of it. Nobody will catch my attempt at coldplagiarism.