When a man approaches someone who's asleep, whips his cock out of his pants and dangles it next to the victims face. He then gently brushes the lips or face of the victim with his finger, but upon waking the victim sees nothing but cock and believes it rubbed on him/her.
Since Jerry's dad was the first to pass out at the New Year's party, Jerry gave him the "liptrick" to the delight of the crowd.
The period in time when you begin dating or befriending an ugly duckling in high school or junior high school based on her potential to blossom into a hot piece of ass. When she does blossom, you will have an edge in a relationship with her because you were with her in her ugly years.
Tara would never have banged me as a senior, but since I got in on the "ground floor" and busted her hymen, she'll love me forever!