Ass Wallet 

1. Someone who takes everything to say into mind (ass) and stores it for later use against you.

2. A random insult.

Jennifer -- Yeah, well I'm not the one who told you I have some weird dead cat fetish!

Bruce -- I told you that in private! God, you can be such an ass wallet sometimes!

Ass Wallet by IAmElScorcho June 10, 2011

wallet-ass 

A medical condition causing discomfort on a localized area of the ass. It is caused by sitting on one's wallet for an extended amount of time. Symptoms include: soreness, redness of afflicted area, complaining. In some areas, it is seen as a sign of social status, implying that one has both a full wallet and plenty of leisure time.

"Man, I got some bad wallet-ass!"

"Well, maybe you shouldn't sit so damn much."

wallet-ass by Richard Oslo December 9, 2008