What is Sockdrawer?
1.
To take a credit card out of your wallet and stash it somewhere in the house. A sock drawer is a common place to use, hence the name. The idea is that by limiting your access to the card, you'll be less likely to use it and run up your balance.
I've saved hundreds of dollars ever since I sockdrawered my Visa card last year.
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7.
(v.i.) Out to lunch; not having it together; acting in a stupid way. Typically derogatory.
Derivation: ..
