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Definitions by brittney_h

credebt card 

That little piece of plastic with numbers on it that allows you to spend money that you definitely don't possess, thus creating huge amounts of personal debt.
Stacy: Wow. I love this Coach purse. I think I'll buy it.
Liz: But you don't have any money...
Stacy: Oh, that's no problem, I'll just use my credebt card.
credebt card by brittney_h April 18, 2008