Pairents

Meaning: Two sets of parents. As in, biological and adopted or biological and surrogate parents.
Pronunication: Pair-rents.
Usage: Next generation children will have to learn to cope with the complexities of dealing with pairents.
Root: Pair + Parents.

Scrapling

Meaning: The act of crunching the appalam and mixing it with rice.
Pronunciation: Scrap-pling.
Usage: Podi rice tastes better when one resorts to scrapling.
Root: Scrap (small bits) + Mingling (mixing).
Credits: Coined by Ariman, the 3 1/2 year old boy wonder.

Green Gush

Meaning: Very appreciative on the outside. Envious inside.
Pronunciation: Self evident.
Usage: 'Good for you' is the first sign of a green gush.
Root: Green (the colour of envy) + Gush (to pour out praise).

Gonecentration

Meaning: The inability to concentrate due to digital distractions.
Pronunciation: Gone-sen-tray-shun.
Usage: It's harder to come up with a good idea today as everyone in the ad agency is afflicted by facebook induced gonecentration.
Root: Derived from 'Concentration gone'.

Cupo di Kaapi

Meaning: The coffee of all coffees.
Pronunciation: Cup-po-the-kaap-pee.
Usage: If you are in Chennai, you should try the Kumbakonam Degree Cofee at Sangeetha's. That to me is the capo di kaapi.
Root: Italian expression 'Capo di capi' (meaning boss of all bosses) + Cup + Kaapi (South Indian Coffee).

Minusebo

Meaning: A medicine that's prescribed as a mild drug but ends up resulting in strong side effects.
Pronunciation: My-naseeb-bo.
Usage: My doctor underestimated my cholesterol drug. It turned out to be a minusebo.
Root: Antonym of a placebo (sounds like plus-sebo).