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Slang Definition:
Insurance with EBT is a joke term that originated from an online forum. It's a play on words and comes from the slang phrase "Insurance with Exempt Bono," which refers to someone who has insurance but doesn't have enough money for the policy. An example sentence using this term: "Are you ready for your life insurance, like, with eBT? Because if you don't have enough money in your pocket, it's as though your life is just insurance with Exempt Bono." This phrase brings a sense of fear and unpredictability into everyday situations.
