What is Throw In The Keys?
1.
To allow your home to go into forclosure because your adjustable-rate loan interest rate balloons your payment into an amount that you cannot afford.
"My mortgage statement came in today and my payment has went up $400. There is no way in hell I can pay that. I guess it's time to throw in the keys!"
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Short for "Never heard of him/her/them/it/etc."
"What do you know about that kid Johnson 'The Snake?'"
&..