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1.
-noun.

1. The time-slice President Barack Obama carves out of his calendar to spend time with wife Michelle.

2. The time-slice one carves out of their schedule during which they spend quality time with their significant other.
The President's secretary: "Mr. President, we have scheduled you for some Michelle-time from 9 to 10 this evening."

Husband: "Honey, can you make some Michelle-time for me tonight?"
by Kinki's Tush September 27, 2009