look up any word, like ratchet:
1) n. compensation for stolen girl scout cookies.

2) v. the process of having a senior citizen mud butt in someone's hand and then throwing at on the first seen innocent girl scout.
1) We must conduct a pie exchange you rat bastard!
2) When I get my AARP card we are pie exchange errybody.
by slippery dingo February 21, 2011