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Demexit - Democrats that vocally declare one's intent to depart the United States for England if they don't get their way, but then indecisively delay or quietly avoid departure. Would rather live in England drinking piss warm British beer and eating greasy Gordon's fish & chips.
Herbie hesitates going full Demexit for fear of the pairing of warm beer and cold fish.
Demexit by Eric The American June 27, 2018

Oh, I always get yummy demerits! 

Words yet to be uttered by the true master, but currently are shared with enjoyment between memers.

The ‘oh’ part shows the enthusiasm that will go into this phase, and ‘always’ shows it happens often.
Person 1: ‘Oh, I always get yummy demerits!
Person 2: Haha, nice one! I wonder when our true master will give in and utter them...
Person 1: agreed.

demeritocracy 

A system of government built upon inadequacy, underachievement and failure.
The Trump White House is a symbol of our wider demeritocracy.
demeritocracy by Dr Bunnygirl September 9, 2018
A mark against a person's record because of an offense.
"My first class is biology. I can't find it and get my first demerit

for wandering the hall"
Demerit by KingOfGaming October 15, 2014

demerit point 

demerit points are lost when a driving offense is committed. ie. speeding, driving through a red light camera, drink driving etc.

But in a colloquial context, that of V plates, they refer to other sexual acts that have been committed (apart from the big one). comparable to 'the bases' or 'scoring'.
1:"Do you still have your V plates?"
2:"Yeah, but i've lost a couple of demerit points tho... ;) "
demerit point by tehlia November 9, 2010
a guy who is cool, humorous and usually loves to play games.
My friend is a demext, his mom says he plays games too much.

That demext just popped off in that game.
demext by CooLkIdInCoNgInItO July 27, 2020