by David Lazar July 29, 2003
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–noun
a)1. shameless dissoluteness.
2. reckless extravagance.
3. great abundance.
b) 1. license
source: dictionary.com
a)1. shameless dissoluteness.
2. reckless extravagance.
3. great abundance.
b) 1. license
source: dictionary.com
(E1) At the 2/11/10 summit, the European Union finance ministers considered how to help Greece avoid defaulting on their debts, given its recent financial crisis, and a clear-cut solution was not yet found.
Economist magazine mentions,
". . .only the basic elements of a possible backstop for Greece had emerged. Pride is at stake, so it will be a 'European solution', with the IMF limited to an advisory role. It will be a joint effort led by France and a somewhat reluctant Germany, the country with the deepest pockets. Berlin frets that a rescue will only encourage further profligacy."
source: 2/11/10 issue Economist magazine
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(E2) In the U.S., filing bankruptcy wipe out debts of companies and individuals when 'things get really bad'. Do you think the forgoing of responsibility here of paying one's debts encourages profligacy? Or, do the ramifications of filing deter enough, for the most part? (Filing bankruptcy has consequences. For example, it makes it difficult to buy a new home, because record of it may stay on one's credit report for about 7 years. It has poor effect on the person's credit. Buying a new car and a car loan may also be more difficult with a lower credit rating.)
Economist magazine mentions,
". . .only the basic elements of a possible backstop for Greece had emerged. Pride is at stake, so it will be a 'European solution', with the IMF limited to an advisory role. It will be a joint effort led by France and a somewhat reluctant Germany, the country with the deepest pockets. Berlin frets that a rescue will only encourage further profligacy."
source: 2/11/10 issue Economist magazine
=====
(E2) In the U.S., filing bankruptcy wipe out debts of companies and individuals when 'things get really bad'. Do you think the forgoing of responsibility here of paying one's debts encourages profligacy? Or, do the ramifications of filing deter enough, for the most part? (Filing bankruptcy has consequences. For example, it makes it difficult to buy a new home, because record of it may stay on one's credit report for about 7 years. It has poor effect on the person's credit. Buying a new car and a car loan may also be more difficult with a lower credit rating.)
by Funky J February 14, 2010
Get the profligacy mug.A confrontational problem or problematic confrontation
when running into one of these situations and gasoline is involved it can also lead to conflagration.
when running into one of these situations and gasoline is involved it can also lead to conflagration.
1. Things got Probligational when his mom walked in with a frying pan.
2. Molly-Jean avoided probligational encounters in town by raising yet another one of her cousin sons as a brother.
3. Probligation broke out when he realized after eating that he forgot his wallet.
4. The probligator climbed out of the ferris wheel with a gun...
2. Molly-Jean avoided probligational encounters in town by raising yet another one of her cousin sons as a brother.
3. Probligation broke out when he realized after eating that he forgot his wallet.
4. The probligator climbed out of the ferris wheel with a gun...
by Queen Donna September 23, 2011
Get the Probligational mug.To allow something to “pop” into a larger group of things instantaneously. Without any processing time.
by Helmet Boy Crew 1 April 10, 2009
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