to remove gay oriented material from a computer or home
rearrange so that gay material is out of easy access
rearrange so that gay material is out of easy access
My straight friend wanted to use my computer so I had to defag any gay porn and gay links from my hard drive.
Before my family came over for the Holidays I defagged the entire house of porno including videos and magazines
Before my family came over for the Holidays I defagged the entire house of porno including videos and magazines
by HOMOTHUG October 24, 2005
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Related Words
defag
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• Defagradation
(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.
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}
{Newsweek, "The Monster That Ate Wall Street," 27 Sep 2008}
by Abu Yahya July 17, 2010
Get the credit default swap mug.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.
Nothing to eat kids. Can smell Jim's grill, though. Sneak over for default dinner.
by msdee January 5, 2017
Get the default dinner mug.DEFACTOID:- A person, animal or device which is mainly used to commit activities to reduce or demolish the activities of the opposition.
by 1STFABARM May 1, 2019
Get the DEFACTOID mug.Function: noun
Pronunciation: \ˈdə-ˈbō-ˈzh-ə-rē\ (pronounced like a Frenchman)
Etymology: perhaps from the dialect of the common college scholar.
-engaging in behaviours in a douchebag-esque fashion
Pronunciation: \ˈdə-ˈbō-ˈzh-ə-rē\ (pronounced like a Frenchman)
Etymology: perhaps from the dialect of the common college scholar.
-engaging in behaviours in a douchebag-esque fashion
by The Dude Abides... December 16, 2008
Get the Debagery mug.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.
Dude: Hey, is Shauna pissed off?
Dude 2: Nah, dude, that's just her default face.
by heylobster September 1, 2009
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