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1. Gauze or tissue secured secured to the face in order to collect blood flowing from the nose.

2. Blood applied to the upper lip to resemble a mustache

Named for its resemblance to a "Dirty Sanchez", but involving blood rather than feces. It may (but does not have to) refer to a sexual act.
Rose sported a Dr. Sanchez in the hospital parking lot following her nose job surgery.
by Mischievo December 11, 2009