1.) A thick, creamy, dairy product that is poured into a container, covered, then refrigerated to make homemade icecream within an hour.
2.) Opposite of hotsauce. A liquid drink ingested as a remedy to sooth the burning effects of extremely spicy foods.
Woman : Now that they've come out with coldsauce, I no longer have to purchase icecream from the store, nor use those machines to make it.
Man : I can't participate in the habarnero pepper eating contest if I don't have my coldsauce as a backup.