n.) Jizz, cum, semen from a homeless man, usually found in subway cars, back alleys, in front of the courthouse, or on Sean Hannity's shirt.
v.) 1. When a homeless person ejaculates, usually in full public view and in an attempt to cover up hunger pains, or as a practical joke on statues, public benches, the hood of parked cars or famous rich people, to kill time during their boring days.
2. When someone jizzes in a homeless manner, i.e.: in full public view and grunting while a gimpy arm is uncontrolably flaying around.
N: "Hmmm...just sat down on this public bench and i feel something a little wet, I bet I just sat in homeless jizz."
V: "Sure did jizz like a homeless man when I was fucking my mistress last night...maybe choosing homeless mistresses is having its effect on me."