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debt collector

the person who uses force to collect on an unpaid debt.
by sue Panek November 16, 2003
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debt it

A term used in place of 'forget it' or 'don't worry about it'. Popularised in UK hip hop/slang culture.
Just say you regret it, and we can just debt it.
Dude, that was a long time ago; just debt it.
by daniel-daniel-daniel March 20, 2019
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debt money

Money that is borrowed, or money that has a negative value, as with an invoice or bill but with a facade of having inherent tangible value.
by Jon Davis January 14, 2004
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Debt Fairies

Used in conjuction with City of Heroes/City of Villans MMORPG's. The debt fairy is a mythical creature that listens for phrases similar to 'Yay, no more debt'
(Lost experience points in City of ...);
at this point it magically changes the next encounter to one where you will die instantly; thus accumulating more debt.

There have been no confirmed sightings of these creatures, but most players know they exist.
Plant Thing : Finally, that debts gone.
Plant Thing : ARRRRRRRGHHH!
Bromide : Problems?
Plant Thing : Bloody Debt Fairies!
by Silver Weasel July 31, 2008
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debt relief

divorcing one's wife or dumping one's girlfriend in order to get out of debt due the overspending of one's girl friend
Guy 1: Dude i got debt relief yesterday.
Guy 2: You are in debt?
Guy 1: Yea my girl friend was bleeding me dry so i dumped her.
by OnlySlightly July 21, 2010
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Debt Parking

Debt parking is when friends or extended family ask to use your home's address to have their bank/credit card statements sent to. And also any other debts they want to dump. They then max their cards to the hilt and do a runner, leaving the debt collectors and bailiffs knocking on your door demanding the money!
Leyton: Man, remember that dude Rick?

Mike: Who, dat div you let stay at your den a few months ago?

Leyton: Yeh man, next time I see him he's gonna get smoked for sure.

Mike: Why? Whad'de do?

Leyton: He parked his debts here and last night I had da Mafia kicking down ma door!

Mike: Ah man, debt parking sucks!
by Johnnyawb March 19, 2007
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debt-o-matic

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
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