Taxpayer Assisted Recreation Plan. A program that allows incompetent executives of banks, insurance companies and investment firms to live in luxury on public funds while railing against the evils of "socialism".
Thanks to TARP, failed executives can have all the perks formerly enjoyed by successful ones. What a deal!
by WallStreetStrangler June 30, 2009
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A specialized injury found often in baseball parks. As the tarp is run out over the field to protect the surface from rain, one of the team trips (or loses a leg), and is covered by the tarp.
Where's Walt?

I don't know. He was just here. What's that bump over there?

Dude. Walt got tarped.
by PsychoPuppyDad July 31, 2010
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"tarp" is the short form of "tarpaulin", which is a waterproofed canvas
by gokukiller May 1, 2006
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TARP (n), an acroynym originally known as the "Troubled Assets Relief Program" in which the US Treasury provided tax dollars to ailing financial institutions without any linked requirements or accountability. Tarp may also be used as a verb, to tarp, which implies an action or activity void of accountability.
I don't feel like working so I'm going to the beach and tarp all responsibility.
by RichM Davis January 11, 2009
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To kill yourself. Taken from the thought that doing it on a tarp makes it easier to clean up
Jose hates him life. I think he is going to tarp it.
by heathen at frightfan November 1, 2009
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also known as a "trap" tarp came from misspelling the word trap.

little does the guy in the dark room know that the dick hes grabbing isnt his!
by p.nasty January 12, 2012
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Synonym for Shirt, t-shirt, tank top or anything you wear on the upped half of your body.
-Yo bro! Where'd you get that sweet tarp?

-I bought it at the tarp store.
by matmo February 10, 2010
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