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terminological inexactitude 

Used to describe something that is completely wrong; a lie. ( humorous euphemism)

NOTE: most rumors can be considered terminogical inexactitudes.

Origin: First used by Weinstein Churchill in a speech in 1906
The rumor that I had been killed in a rampage during black Friday was a terminological inexactitude.
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inexastable 

When your Myspace profile go to "Sorry an unexpected error has occured"

another form of unaccessable

normally said when fucked up...
your profile is like inexastable
inexastable by Kaspy September 3, 2007

terminalogical inexactitude

The honourable member for Longbottom, Athur Prendeghast MP to the honourable member for Notton-on-the-Would, Earnest Snorsboard MP on being told that England had won the World Cup and not in tiddly-winks, "I do not believe you, that is a terminalogical inexactitude." thus complying with the requirement of the Mother of Parliment, that one MP cannot call another MP a liar.