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Definitions by goatStuckInTheDessert..help

Evergranding 

When someone/some business defaults on their loan or bonds repayment and does’t admit to it. Instead, they apply for an extension. This extension, however, can be in stages so each year you unlock a new stage.
Person 1: ey bruh, did mr. Schmoo ever pay you back
Person 2: nah brah, he’s evergranding