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Two Points 

Two points is an expression meaning “nice shot”. It originally rose from basketball, but has come to be used in many situations where someone demonstrates skill at hitting a target. Also used in a sarcastic sense when someone does something profoundly clumsy.
Example One
Guy 1: Ouch (After ramming his bike into a hydrant, and flying over the handlebars).
Guy 2: Two points.

Example Two (shamelessly stolen from DM of the Rings)
Legolas: I fire another arrow!
DM: You hit Saruman with the arrow.
DM: He swoons and falls from the balcony.
DM: And lands on this spikey thing at the bottom.
DM: HAPPY NOW BUTCHER?
Aragorn: Two points.
Legolas: Even though he fell, I still get XP right?
Two Points by NickUK May 25, 2007
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two-points 

"hey you want this?" "Na, two-points."
two-points by ounzer September 22, 2008

two-points 

"Do you want to hit this?" "Na' two-points."
two-points by ounzer September 21, 2008

2.0 (two point oh) 

2.0 (two point oh)

web 2.0 - the new format/level for websites.
BMX 2.0 - the new type of large wheeled BMX bikes
Fashion 2.0 - the next new look

Two Pointer 

1) Someone who meets hiring quotas on two counts.
2) An employee who fits into two minority categories.
"That new black woman in accounting will never get fired, she's a two pointer"

Alternate spelling "2 Pointer"
Two Pointer by Lefty Flash September 30, 2008

two point conversion 

Taking a break from watching a football game to take a shit, usually during half time, a commercial or while the game is paused on DVR.
I wanted to wait to half time but had to hit pause for a two point conversion after that huge bean burrito.
two point conversion by Bobski27 September 12, 2010

two-point conversion 

After having sex (or getting a blowjob), when a girl starts giving the guy PCH but then continues to suck the guy's dick until he has a second orgasm.
"Dude, how did things go with Rachel last night?"

"Awesome... we did it doggystyle, and then she went for the two-point conversion afterwards."