credz
It is used in the Batman Beyond series. It is the exclusive reference to money or monetary amounts as there are no dollars or cents.
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credz
Slang word. Abbreviation of the word 'Credit'. Used in reference to telephone 'Top-Ups' offered by pay as you go mobile phone service providers. In some cases the word may be used in reference to 'Bundle' minutes and texts.
'...I cant call you...aint got credz innit...'
or
'...ow you say i mus call you? are you on T-Mobile? No? Youre swag, I aint callin you...thats credz innit!!...?
or
'...ow you say i mus call you? are you on T-Mobile? No? Youre swag, I aint callin you...thats credz innit!!...?
credz by Ama - Your very own A-List celebrity July 8, 2007
Related Words
credz • Credzz • credit card • Credits • Credit crunch • Credit Whore • creddy • credence • credit carding • Credit Card Swipe
credit default swap
(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.
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}
{Newsweek, "The Monster That Ate Wall Street," 27 Sep 2008}
credit default swap by Abu Yahya July 17, 2010
credit monger
One who lines themselves up to receive credit, or makes sure that every ounce of credit for their actions is well recognized and possibly even documented. #creditmonger
Milton: I swear all these people who make movies are credit mongers
Peter: I hear you, not like you see my name appearing on the credits of the 500 TPS reports that I've proof-read!
Peter: I hear you, not like you see my name appearing on the credits of the 500 TPS reports that I've proof-read!
credit monger by Max86 November 3, 2014
credit card player
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"
credit card player by jpg3 August 15, 2010
creazy
"Yo yo chief! Check out that hobo over there with his pants down poopin in the woods while eating some fried chicken!" That fool be creazy holmes!"
creazy by Bigger Durty October 18, 2013