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Used for bargaining purposes as well as awards. It allows you to give someone the respect that comes with the ownership of one of your testicles, without actually giving one away. Many people respect the bargaining power of the middle nut, however there are some who believe it to be worthless.
Ex 1:
Sean: Hey I'll give you a middle nut if you chug that 2 liter!

Todd: No man, I want something that's real... Give me a dollar and I'll do it.

Ex 2:
Jimmy: You can do a backflip?! That's awesome, you deserve one of my middle nuts... maybe even two...

Simon: Sweet man, you know that means I have partial ownership of your soul, right?

Jimmy: yeah.
by Emerson B. Steinmann April 20, 2009
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