covering risk

(FINANCE) using financial derivatives to guarantee against losses. Typically used by non-traders, such as companies engaged in international commerce, to protect themselves against foreign exchange risk (i.e., the possibility that a customer's currency will decline in value).

BILL: You know, I think that financial derivatives are just a huge sinkhole. The people who trade them are just a bunch of wankers who move bits of paper around but add nothing of value.

ANNA: Well, they do provide some important benefits.

BILL: Name one.

ANNA: Covering risk, for one. If you're an airline, you need those aviation fuel options.

by Abu Yahya April 15, 2010

fantasy cheering

Rooting for a football player you would normally root against because the player is on your fantasy football team.

As the home team was losing, the crowd became frustrated with John's fantasy cheering for the opposing quarterback.

by hngryDavy October 5, 2010

Chambering

A sport, in which you take a clear tube open on both ends. One person inserts one end into their ass, and another inserts the other end into their ass. They both then shit simultaneously, whoever's shit makes it into the others ass wins.

Hey man, did you see the new sport chambering in the Olympics? That shit was wild!

by Mr. Neelix March 2, 2021

Havering Sixth Form

Where all the cool cats go, a small building bursting with cool people.

Guy 1: Look at that girl, she's mega hot
Guy 2: She must be a Havering Sixth Form chick

by hsfchick October 8, 2011

chairing

The act of having someone sit on a chair blindfolded and have one or more persons dick slap the person sitting in the face. Can be done for pleasure or as a punishment.

The girl was blindfolded on her birthday and the football team just started chairing her.

I just met this person and convinced him to try chairing this weekend.

by ninsegation October 9, 2011

chavling

meaning a baby or small child chav, to go with chavette and chav.

chavlings are usually pushed around by chavettes in particularly rusty or stolen prams. These are the babies you see with pierced ears and wearing burberry, and will no doubt grow up to be wrothless smelly chavs like their parents.

'fuckling chavling. they should have drowned it in a sack'

by The Amazing Stupendo May 2, 2005

Chaverage

Acting like or dressing like an average chav.

Alice: Look at that guy standing on the corner, smoking a piece of paper, wearing Burberry and swearing at everyone.
Dave: He's so chaverage.

Lily: Don't spit, it's so chaverage.

by Indigo-Wings October 18, 2008