This term is for when you do a favor for someone,then use that favor to to taunt or guilt them.You try to keep this status over them as long as possible until you can cash that mother fucker in on something good.The term comes from the wildly popular passtime of taunting small children,by holding something over their head just out of reach and making them crazy.

It’s an acronym standing for Can’t Remember A Fucking Thing. It’s usually used to describe embarrassment at being unable to remember someone (CRAFT moment); going onstage as the lead in the latest theatrical performance and your mind goes completely blank (CRAFT situation); the next morning after a night when you got pissed as a fart and woke up in bed cuddling a traffic cone and a string of fairy lights wound round your prick.