by Crazy Train McGraw January 20, 2022
Get the Shadow Simpingmug. Coined in 2023. When someone in Canada cannot pay their mortgage and they haven't defaulted by banking standards. However, their loan balance is increasing and amortization is being pushed out because they cannot afford to pay (negative amortization). The default is happening in the shadows as it is not being picked up by regulators or the public. The person is in a shadow default.
Tom took out that variable rate mortgage in 2021 when he creamed his shorts to buy a house. He is now in shadow default as rates went up and he can't afford the mortgage.
by Market Mania September 5, 2023
Get the Shadow Defaultmug. by Blackchick August 11, 2015
Get the shadow crookmug. by kayden omniverse January 13, 2018
Get the shadow ninjamug. by Dionysus’ dick July 17, 2023
Get the Shadow Bunnymug. A totally bitchin' 4 piece rock band from Hawley, Pennsylvania, which currently consists of Connor Nelson, Shane McKinney, Logan Siegfried, and Shane Losey. They got one album called Failures and Flatlines everywhere online and a even better reissue of it.
Person 1: Did you hear the new Shadows of Allowance album?
Person 2: yeah I'm currently having an existential crisis because of it.
Person 2: yeah I'm currently having an existential crisis because of it.
by Gef and Canoli February 3, 2018
Get the Shadows of Allowancemug. The absence of desirable sushi plates on a sushi train due to a sushi thief or sushi hog being positioned up train from you; stealing your chosen plate before it reaches you.
by xhoochx March 17, 2014
Get the Sushi Shadowmug.