Buckshar

Meaning: The currency symbol.
Pronunciation: Buck-shar.
Usage: Rs is the buckshar for the rupee.
Root: Buck (money) + Akshar (Sanskrit for letter).

Shabdkosher

Meaning: A puritan linguist.
Pronunciation: Shubd-ko-sher.
Usage: You can't expect a shabdkosher to enjoy the delights of slang.
Root: Shabdkosh (Hindi for dictionary) + Kosher (fit and proper).

Paanikchand

Meaning: One who's addicted to chewing paan.
Pronunciation: Paan-nick-chundh.
Usage: Benaras is a city of paanikchands.
Root: Paan + Manickchand (a renowned brand of gutka)

Spielosaur

Meaning: A weaver of big yarns.
Pronunciation: Shpeel-low-sawr.
Usage: If you've gotta sell ads, you gotta be a spielosaur.
Root: Spiel + Pilosaur.

Polygamiss

Meaning: A woman who subscribes to the right to have many husbands.
Pronunciation: Polly-gam-miss.
Usage: Every woman is a closet polygamiss.
Root: Self-explanatory.

Ziponym

Meaning: Shrunk word that sounds and means exactly the same as the original word/phrase. Ziponyms are alphanumeric in nature.
Pronunciation: Zippo-nim.
Usage: ELEV8 is the ziponym of elevate.
Root: Zip (computer parlance for shrinking) + -onym (name for).

Causetrophobic

Meaning: Fear of ideologies that constrict thinking.
Pronunciation: Cos-tro-fo-bic.
Usage: Many sensible people stay away from politics because they are causetrophobic.
Root: Cause + Claustrophobic (fear of closed spaces).

Shun-in-law

Meaning: The son-in-law's status after a divorce.
Pronunciation: Obvious.
Usage: I bumped into my shun-in-law at the mall. I pretended not to see him.
Root: Shun + Son-in-law.

Salternative

Meaning: Salt substitute.
Pronunciation: Rhymes with alternative.
Usage: Salternatives are usually prescribed for people with high-BP.
Root: Obvious.

Hyocondriac

Meaning: Someone with a tendency to say 'Ayyo ayyo' at the slightest hint of sickness.
Pronunciation: As is.
Usage: That woman, total hyocondriac man!
Root: Ayyo + Hypocondriac.

Narcorambling

Meaning: Confessions made under the influence of drug.
Pronunciation: Naar-co-ram-bling.
Usage: I am still not sure if the court considers narcorambling as evidence.
Root: Obvious.

Currycature

Meaning: A sad imitation of Indian food.
Pronunciation: Curry-kay-ture.
Usage: Unfortunately, the balti restaurants are nothing but currycatures.
Root: Curry + Caricature.

Ghoshala

Meaning: A bong hangout.
Pronunciation: Gho-sha-la.
Usage: If it plays a Mithun movie, it must be a ghoshala.
Root: Ghosh (a bong surname) + Aalaya (place in Hindi).

Kilogrammarian

Meaning: A heavy weight in grammar.
Pronunciation: Kilo-gram-may-ri-yan.
Usage: Given a chance, a kilogrammarian is capable of detecting a hundred errors in The Hindu.
Root: Kilogram (unit of weight) + Grammarian.

Meekasura

Meaning: A timid terrorist.
Pronunciation: Me-ka-su-ra.
Usage: There will always be one meekasura even in Satan's camp.
Root: Meek + Asura.

Scornication

Meaning: Running down illicit intercourse. Especially between members of the same sex.
Pronunciation: Scor-ni-kay-shun.
Usage: Liberals can never understand as to why conservatives indulge in scornication.
Root: Derived from to pour scorn on fornication.

Budrenaline

Meaning: High on alcohol.
Pronunciation: Bud-ri-na-lin.
Usage: 7 out of 10 road accidents at night can be blamed on the budrenaline rush.
Root: Bud (nick for Budweiser) + Adrenaline (State of excitement).

Queulogy

Meaning: When the world joins in chorus to praise the deceased.
Pronunciation: Q-lo-gee.
Usage: Michael Jackson would have been amused if he had been around to see his queulogy. All those folks who ran him down are today calling him an icon.
Root: Queue + Eulogy.

Stereotypist

Meaning: A hack who churns out hackneyed stuff.
Pronunciation: Self-explanatory.
Usage: There's a certain pleasure in being a stereotypist. Because you are catering to zero expectations.
Root: Stereotypist or Stereotyper is an already existing word. All we've done is to reinterpret it.

Cellection

Meaning: An election where members cast their vote using a cell phone.
Pronunciation: Sell-leck-shun.
Usage: News channels justify their shallow stance on policies using data from cellections as fig leaf.
Root: Cell + Election.

Flashion Design

Meaning: Designing clothes in such a way that there is maximum skin show.
Pronunciation: Flash-shun-design.
Usage: Flashion Designers will be in great demand in the film industry.
Root: Flash (indecent exposure) + Fashion Design.

Flukocyte

Meaning: The luck element.
Pronunciation: Floo-ko-sight.
Usage: He may be short on talent but he's so full of flukocytes.
Root: Fluke (luck) + Cyte (from kytos - greek for cell).

Microwaved Ideas

Meaning: Ideas from the cold storage, presented as new.
Pronunciation: Self-explanatory.
Usage: Sometimes ideas that were ignored for no fault of theirs, stage a massive comeback as microwaved ideas.
Root: Fairly obvious.

Killboard

Meaning: Eliminating billboards from the cityscape.
Pronunciation: Kill-bored.
Usage: The Supreme Court's decision to killboard Chennai has driven many businesses, out of business.
Root: Kill + Billboard.

Pencilsive

Meaning: Lost in thought while chewing a pencil.
Pronunciation: Pen-sil-siv.
Usage: I entered the Writer's Block even after several pencilsive moments.
Root: Substitute the pen in pensive with a pencil.