creds 

Credentials earned in life by experience. Credit given.

He talked about being in prison like it gave him creds.

creds by William Gilbert August 14, 2005

creds 

Phone credit, i.e. money to make calls with.

Bob: "I'll get some creds, talk later"
Kyle: "See ya, balla"

creds by triedit December 27, 2009

creds 

Money you pay to a prostitute for their sex. Advice: 10-20 up front, the rest after the fact.

Person 1: Dude, I just paid 100 cred for that girl!

Person 2: Waaaaaayyyyy an overpay man, she only is worth 55 creds at max.

creds by Hamcracker November 16, 2011

creds 

short for crackheads, when a friend group becomes an orgy

haha I "hung out" with the creds last night >;)

creds by boobi3s February 23, 2020

street creds 

The word creds, or 'credentials', is another way of referring to one's rep, or 'reputation'. Thus, street creds means one's reputation on the street, or ghetto.

Gangsta: Y'all best get out' my way. I got street creds.
Foo': Yowza!
*Gangsta proceeds to beat up Foo' and steal his pocket money*

street creds by Dr Fruitcake September 1, 2005

Street Creds 

Slang term used in the hot rod world for a guy or girl who will do anything to their car to obtain "hero status" when noone really cares. But they secretly think that if they out perform someone that they will gain "street credits" which is a points list that doesnt exist. Ever

Billy keeps spending money on his car and going to the dragstrip but hasnt improved on anything. Sure looks like hes looking for more street creds. Too bad noone gives a shit.

I herd Jonny bought another new carb in the quest for more street creds.

Street Creds by 10 years later October 25, 2014

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}

credit default swap by Abu Yahya July 17, 2010