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1 definition by adamandnatalie

Like a chastity belt, but with a money slot so you can insert cash and the belt will open for a certain amount of time-- depending on how much money you put in, of course. Essentially, a parking meter for your penis.
Damn, I was so mad that I didn't have any cash on me, cause mike d's mom was wearing a cashtity belt.
by adamandnatalie February 25, 2007
1 1