Defail

The act of failing at defining something.

1. Not knowing the definition of a word.

2. Nodding along to someone saying somethings, then having them ask you what it means.

3. Saying something that makes you try to sounds smart, but is wrong.

4. Defining something on urban dictionary that is not a word of common usage; and will likely never catch on (or using your name as a definition).

1. "Apple: The singular-form of apply."
2. "So I was with this girl and we were hitting a shit-load of weed out of her bong." "Yeah, chill dude, I have one too." "What is your bong?" "Uhhh... Penis?" "Wow... you defailed."
3. "The answer is 2 not 3." "Well there's no right or wrong answer." "Yes there is; 2's right, 3's not."
4. "John Smith - Guy with biggest dick in world."

by Cameron S. Kay May 2, 2009

credit default swap

(FINANCE) financial instrument in which buyer is someone who needs insurance against the possibility that a borrower will default on a loan. In that case, the counterparty is whoever receives the CDS premiums, and pays out in the event of default.

WHY IT'S BAD
Loans are usually made by either commercial banks (in which a loan officer is supposed to make a professional assessment of risk of default before handing over the money), or by investment banks (which underwrite securities like bonds). If the borrower has a high risk of default, then the loan should not be made--period.

Credit default swaps were a stupid method of supposedly turning a bad loan into a "risky" (and potentially high-yield) "investment"; they were in reality a strategy for fraud. Since portfolio managers knew they were bundling securitized loans that contained mostly crap, they would arrange credit default swaps and cash in when the borrowers defaulted.

What the bankers hit on was a sort of insurance policy: a third party would assume the risk of the debt going sour, and in exchange would receive regular payments from the bank, similar to insurance premiums. JPMorgan would then get to remove the risk from its books and free up the reserves. The scheme was called a "credit default swap," and it was a twist on something bankers had been doing for a while to hedge against fluctuations in interest rates and commodity prices.

{Newsweek, "The Monster That Ate Wall Street," 27 Sep 2008}

by Abu Yahya July 17, 2010

default dinner

The what to eat decision made for evening meal, usually when out of food.

Damn, the folks are coming over...mac n cheese default dinner? Maybe with hot dog chunks?

Nothing to eat kids. Can smell Jim's grill, though. Sneak over for default dinner.

by msdee January 5, 2017

defile awhile

To engage in sordid sexual encounters.

Come on, let's strip and defile awhile!

by I, Wreckerrr November 20, 2016

Default face

The look on somebody's face when they're just sitting there thinking or are doing nothing & have no other emotions. The a way a person's face naturally falls.

Everybody kept asking me if I was sad today! But, nobody understands that it's just my default face. I've just been zoned out lately.

Dude: Hey, is Shauna pissed off?
Dude 2: Nah, dude, that's just her default face.

by heylobster September 1, 2009

default dinner

The what to eat decision made for evening meal, usually when out of food.

Damn, the folks are coming over...mac n cheese default dinner? Maybe with hot dog chunks?

Nothing to eat kids. Can smell Jim's grill, though. Sneak over for default dinner.

by msdee January 5, 2017

Delaila

A Beautiful, Irresistible, Unpredictable, Smart, Fun, and Spontaneous woman.

Loving, Honest, Confident, Creative, Unique, Artistic, and Patient.

A strong Independent woman.

Engages in athletic sports and is very down to earth.

Every man's dream girl.

Tim: You know you have a really beautiful girlfriend.

Michael: Yeah, She's amazing.

Tim: It's ironic how her name is Delaila and she has all of the qualities.

Michael; She's perfect!!

by Shes it January 24, 2010