Crend

To get so inebriated as to so something potentially career ending (car/end => crend).

"Come on mate, let's go out tonight and crend"

"I crended pretty hard at the company Xmas party... roundhouse kicked the stripclub sign and got beaten up by the bouncers"

Crend by halfbrick October 15, 2014

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

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!

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

Chendo 

A One club man. A staunch loyalist of one club or organisation. A person over time who has Served said organisation in any departments the club needed. Over time made himself almost invisible at the club, never giving any controversial Interviews, quotes or leaking Infomation to the media at large.

Every club has its own Chendo. Real Madrid is built on service of such silent Madridistas

“ Man, I’ve been coming to this store for 20 years, I’ve always seen Alan working here”

“oh , he’s a proper chendo”

Chendo by LoyalMadridista October 12, 2021

CredenceMusic

CredenceMusic is an online platform where songs are promoted.
They promote songs on social media pages & their official website- www.credenceofficial.com

Music Nerd- Wassup bruh, any new shit?
Me- Man I'm not CredenceMusic!!!

CredenceMusic by I Freaked it!!! June 16, 2018

farm cred

The rural counterpoint to "Street Cred," this term refers to respect earned in the organic farming and sustainable farming spheres.

She built up her farm cred by joining the board of the local CSA.

farm cred by AuntBetty January 1, 2009