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
by Green Pill December 31, 2019
Basic carrot and stick system, whereby you promise someone to suck their cock in exchange for a good/service by a certain date. However if they fail to deliver on that date, they owe you a bloj instead.
<Tues> "Jeff, if you get me that wire by Weds I'll suck your cock."
<Tues> "Done! Get ready for a fat one in your mouth!"
<Weds> no wire
<Thurs> no wire
<Fri> "That's it Jeff, I invoke the right of Reverse Gobble Debt!"
<Fri> "aww, god damn it...I deserve that for lagging all the time, I guess you get to fuck my throat and make me Gwock hard"
<Tues> "Done! Get ready for a fat one in your mouth!"
<Weds> no wire
<Thurs> no wire
<Fri> "That's it Jeff, I invoke the right of Reverse Gobble Debt!"
<Fri> "aww, god damn it...I deserve that for lagging all the time, I guess you get to fuck my throat and make me Gwock hard"
by myfakeurbanDname March 06, 2020
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."
"Naw, she still owes me a slap debt. She doesn't have it in her."
by Obey The Hypnotoad February 19, 2014
Similar to "tech debt", accounting debt is incurred when accounting departments take shortcuts either at the start of a companies life or during a busy period. These shortcuts then have to be "paid off" (i.e. corrected) by that same department or a third party at a later date. This phrase was coined by accountant Matthew R Williams, ACA in New York City on 23-Jun-22.
We could simply transfer the money now and sort out the loan agreements at a later date. We have to be conscious though that this would be adding to the departments existing accounting debt.
by Rob717 June 23, 2022
The principle and/or an unspoken code in which a person performs a task or favor for another person, that results in debt that can only be repaid with anal sex.
Emilia: Thanks for the ride to the bank, but I have no money to pay you.
Winston: If you can't pay me, you are in anal debt to me!
Winston: If you can't pay me, you are in anal debt to me!
by Evan? October 28, 2015
School's nefarious way of punishing children and teenagers for being hungry, because for whatever reason The American School System decided that students deserve to experience severe anxiety and hunger for being poor.
It can also prevent students from graduating and can potentially force them into fucking foster care.
It can also prevent students from graduating and can potentially force them into fucking foster care.
by I Can't Think of a Name lol January 28, 2024