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"Your bailey's in the hallway', originates at Hoffman Estates High School, from some weird ass theater people, and is another in a long line of euphemisms for saying "your fly's open", or more specifically, "your dick's showing"

(Though, I have never had the opportunity to use it that way)
Tom: Hey! Dude! Your Bailey's in the hallway!!
Zach: Oh, yeah. must hvae forgot to put it in after I went to the bathroom
by theatebuf76 October 08, 2009

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