Chennaisa

Meaning: A cosmopolitan islamic school.
Pronunciation: Chen-ny-sa.
Usage: The easiest way to root out jihadis is to create more chennaisas.
Root: Chennai (new name of Madras) + Madrasa (arabic for islamic school)

Chessnokov

Meaning: A common name to notate Russian chess players.
Pronunciation: Chess-no-kov.
Usage: The tournament had its share of chessnokovs.
Root: Chess + -nokov (a popular russian name suffix)

Bhejaculation

Meaning: Mental masturbation.
Pronunciation: Bhay-ja-q-lay-shun.
Usage: Conference rooms are venues for bhejaculation.
Root: Bheja (Hindi slang for brain) + Ejaculation.

Sarcar

Meaning: An automobile that carts government of India officials/dignitaries. Invariably a white ambassador.
Pronunciation: Sur-car.
Usage: A caravan of sarcars descended upon the forsaken village one day before the election.
Root: Sarkar (Hindi word for Government) + Car.

Penicotine

Meaning: A pen used vicariously as a cigar/cigarette.
Pronunciation: Penny-co-teen.
Usage: In the Anbumani regime, bollywood villains will be forced to hold penicotines on screen.
Root: Pen + Nicotine.