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bottled it 

When someone decides to opt out of a rather nerve racking task, instead of just growing some gonads and doing it.
Mike "yeah, Matt was gonna go on Oblivion at Alton Towers, but he totally bottled it."

Mark "yaaaaaaaay, jellies!"

or

after witnessing his love interest deciding to give the rollercoaster a miss, Matt then asked the attendant "can I bottle it aswell?"
bottled it by Mirrorrim January 2, 2009

bottled water 

The 3 dollar-per-quart version of the essence of life. This is justified by running tap water through a filter and slapping "liquid hydration formula" on the label of the bottles.
This isn't just bottled water. It's a *liquid hydration formula*!
bottled water by R2E February 28, 2008

Bottled Unicorn Farts 

Skeptical reference to renewable energy sources such as biofuels, wind, and solar-electric. So-called because of the perceived naiveté of renewable energy proponents.
Spain is going bankrupt attempting to replace oil and gas with bottled unicorn farts.

bottled water 

Something a lot of people buy without realizing that it is free everywhere else.
Newsflash! WATER IS FREE! but you can waste your money on bottled water if you want to look really sharp

bottled it 

when a person loses because of nerves, often completely losing his/ her ability.
Steve Davis was 10 - 9 up but bottled it on the black and lost the match.
bottled it by tinkytot October 3, 2008

Crack Boated 

Used in a campaign to define a politician who previously may have used crack cocaine.
"I was crack boated by extremists"
Crack Boated by Scout1 January 17, 2008