An all purpouse, non-descript substance.
Sometimes used as a methamphetamine-like stimulant, other times used to construct rafts and other load bearing structures.
First documented usage of the word on Church of the Subgenious affilated Radio program "Puzzeling Evidence" Hosted by Dug "Puz" Wellman, and his partner Dr. Holland Owell (Dr. Howell).
"...and so the man from Guam built his raft entireley out of Spaunch."
"Hey man you got any of that Spaunch?"
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