defag 

to remove gay oriented material from a computer or home
rearrange so that gay material is out of easy access

My straight friend wanted to use my computer so I had to defag any gay porn and gay links from my hard drive.

Before my family came over for the Holidays I defagged the entire house of porno including videos and magazines

defag by HOMOTHUG October 24, 2005

defag 

to cock block a fag

dam that defag

defag by bob June 11, 2003

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.

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}

credit default swap by Abu Yahya July 17, 2010

default dinner

The what to eat decision made for evening meal, usually when out of food.

Damn, the folks are coming over...mac n cheese default dinner? Maybe with hot dog chunks?

Nothing to eat kids. Can smell Jim's grill, though. Sneak over for default dinner.

default dinner by msdee January 5, 2017

DEFACTOID 

DEFACTOID:- A person, animal or device which is mainly used to commit activities to reduce or demolish the activities of the opposition.

Don't waste your time planning to finish him off, get DEFACTOID on it - defact him fast!

DEFACTOID by 1STFABARM May 1, 2019

Debagery 

Function: noun
Pronunciation: \ˈdə-ˈbō-ˈzh-ə-rē\ (pronounced like a Frenchman)
Etymology: perhaps from the dialect of the common college scholar.


-engaging in behaviours in a douchebag-esque fashion

Tom Cruise reached a new level of DEBAGERY in the film Tropic Thunder.

Debagery by The Dude Abides... December 16, 2008

Default face

The look on somebody's face when they're just sitting there thinking or are doing nothing & have no other emotions. The a way a person's face naturally falls.

Everybody kept asking me if I was sad today! But, nobody understands that it's just my default face. I've just been zoned out lately.

Dude: Hey, is Shauna pissed off?
Dude 2: Nah, dude, that's just her default face.

Default face by heylobster September 1, 2009