Taken from the phrase year dot, year debt refers to a year when you've got lots of debt to pay back, especially after having a merry cashmas.
Man I had a fabulous Cashmas, but now I'm back to year debt!
by Little Computer Nerd December 19, 2009
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The opposite of a life's savings. Its when you acquire lots of credit card debt, car loan, students loans and are financially inept.
Jack spent his life buying what he wanted with no impulse control and built up his life's debt.
by chipworthington October 18, 2016
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When the debt seems small presently but is actually huge in the long-run.
Bro, I didn't know I was in a moon-debt until yesterday.
by thehungryshubham July 29, 2020
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When someone wins a slap bet but has yet to deliver the slap. This may be due to a desire to strategically time the slap or, more commonly, the lack of fortitude to strike a fellow human being.
"Dude, I heard you lost a slap bet to Tracie last week! That must have hurt!"

"Naw, she still owes me a slap debt. She doesn't have it in her."
by Obey The Hypnotoad February 19, 2014
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The machine used to create the national debt and by design was invented to punch through the debt ceiling with impunity.
"Dude - I thought it was Congress and the President making us broke. I came to find out it is the debt-o-matic device invented by our large number of entitled citizens!! Man, what a team . . .
by Contracts God December 18, 2012
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A company that scams people who are in debt.
Guardian Debt Relief lies to its customers.
by Green Pill December 31, 2020
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This is the month where you have to destroy your debt. First you visit your favorite gambling site : On the 1st day you bet $1, on the 2nd day $2 and so on... On the 31st you have to bet $31.

You win destroy debt december when you are debt-free on january 1.
John: joww dude you doing destroy debt december?

Dennis: Yeah of course I hope I can pay off my student loans!
John: Nice!
by DrRocky November 16, 2018
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