by Polarbeareo September 18, 2017
Get the Cronch mug.n. Crony capitalism is a colloquial term describing a "market economy" in which success in business depends on close relationships between business people and government officials. It may be exhibited by favoritism to connected businesses in the distribution of legal permits, government grants, special tax breaks, and so forth. This favoritism is rewarded by campaign contributions or outright kickbacks to politicians or their supporters. As such, it creates an oxymoron of sorts, in that success of a business in a free market (capitalism) does not depend on free-market forces. It is also a obvious source of corruption of both business and government.
In the United States, Fannie Mae and Freddie Mac are examples of Crony Capitalism. Government backing let Fannie and Freddie dominate mortgage underwriting. The politicians created the mortgage giants, which then returned some of the profits to the politicians - sometimes directly, as campaign funds; sometimes as "contributions" to favored constituents.
by Dan Weyandt October 5, 2011
Get the Crony Capitalism mug.An amazing and genderless chatacter from the anime Soul Eater. With messy pink hair, black eyes, and black blood. Crona wears a black, dress-like, robe and is a meister. Crona's weapon is his black blood, Ragnarok, who can turn into a sword. His mother is the witch Medusa.
Person1:Wow did you see Crona last night? He kicked ass!
Person2:Crona's a girl!
Person3: Actually, Crona doesn't have a gender.
Person2:Crona's a girl!
Person3: Actually, Crona doesn't have a gender.
by RavenTheFallen July 3, 2014
Get the Crona mug.Aw man! My new lubriderm already formed a cronkle! (noun)
I rubbed it into my hand and got friggen cronkled! (verb)
“Mom I told you not to buy the cronkly soap again!” “Derrek you’re 46 and still living in my basement, I think you can go buy your own soap!” (adjective)
I rubbed it into my hand and got friggen cronkled! (verb)
“Mom I told you not to buy the cronkly soap again!” “Derrek you’re 46 and still living in my basement, I think you can go buy your own soap!” (adjective)
by smartwoman12368 January 17, 2019
Get the Cronkle mug.The best, most epic minecraft Youtuber ever.
With swag gamer epic skills and is generally just really cool epic gamer swag.
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With swag gamer epic skills and is generally just really cool epic gamer swag.
Subscribe to Cronkers
by Cronkers February 12, 2020
Get the Cronkers mug.Hector was doing donuts last night in his Mustang, but ended up doing a Cronut into a telephone pole.
by WG Justin February 26, 2015
Get the Cronut mug.The main character from Chrono Trigger who destroyed the destroyer of the planet (Lavos). He uses swords, katanas, and a swallow.
by Nick July 7, 2003
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