Top Definition
Application of various disreputable and/or fraudulent strategies calculated to effect an exchange of damaged or unwanted merchandise for merchandise more desirable (e.g., not damaged or destroyed through one's own negligence or abuse), to which one would not otherwise be entitled. Closely related to "white trash rebate," "white trash refund," "white trash warranty claim," "white trash regifting," etc.
Claude's colorblindedness caused him to cross some wires and short out his new car stereo, but he remained calm because he knew he could effect a white trash exchange and likely moan and groan enough to get free installation of the replacement stereo.
by Texlex1961 January 27, 2009

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