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1.
To wear a business shirt with a pocket to avoid accidental urinating on the tie whilst sitting down to take a dump. Business shirts with pockets allows one to tuck their tie into the top pocket during excretion, avoiding potential accidental urinating on the tie. Victims of dick's tie usually need to dry clean or dispose of the tie.

The dick's tie theory was developed in late 2009 within the corporate industry after an individual accidentally urinated on his tie whilst he was dropping a turd.
Richard: Oh man, I accidentally pissed on my tie whilst I was taking a shit!!
Dazz: It's the dick's tie now! Next time you need to crap at work, dick's tie theory it up man!
by bear1000 February 09, 2011