SoCal Speak : Bankruptcy Bon Mots : This week marks the one-year anniversary of Orange County’s finacial collapse, which has spawned its own nomenclature.

Citron’s crater n. The $2-billion hole Orange County was mired in, named after longtime treasurer Robert L. Citron, who was largely blamed for the disaster. Used widely in presentations to the state Legislature, local business leaders and community groups.

killer b’s n . the 11 pool participants who have sued the county for about $170 million; by not cooperating with the county, they are pursuing what is known as Option B.

Lemon County n . alternative name for county, also a play on Citron’s name.

Project Alpheus n. county plan to take revenue from transportation authority, special districts and cities to fill Citron’s crater. Named for river Hercules diverted to clean out the Aegean Stables, one of his 10 labors.

rounding error n. any financial issue involving less than $100 million. With more than $2 billion in debt, smaller creditors find it difficult to get attention. “Who cares about the vendors? They’re rounding error. “

speak Bennett v. ability to translate complicated, jargon-filled, verbiage of county bankruptcy attorney Bruce Bennett. “Chris Varelas, county financial adviser, brags that his most useful skill is speaking Bennett. “

toxic waste n. the most volatile securities in the $20-billion investment portfolio Citron managed at the time of the bankruptcy filing. “Liquidating the portfolio was a challenge because it was hard to unload all that toxic waste. “