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1.
Taking a long and healthy dump. The word bears it's origin from when I made $10 per hour and would spend a paid half hour on the toilet
Coworker: Can you take care of this for me?
Me: Sorry, gotta go take a five dollar
by Studly McHandsome July 19, 2006
 
2.
Very cheap.
"Five dollar, goddammit!"
"Man, that bitch was five dollar."
by Jackohater December 31, 2003