1 definition by taycatie
The imaginary receptacle created by the outstretched (and circular fashioned) arms of your less-than-amused friends when you tell a "cool/funny/exciting" story that is honestly less thrilling than the lint in your navel at this very moment.
The catch is that when you started telling the story, you likely thought it was hilarious, or even just chuckle-worthy to say the least...until one of your friends makes a "basket" with their arms, and well you may as well just shut up at that point. Inevitably, they're all gonna say "ha. ha. good one, PUT IT IN THE GOOD STORY BIN!" ugh.
by taycatie December 8, 2010