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1.
A lubricant most often used for masturbation
guy 1: "hey you want to come over and play magic cards?"
guy 2: "no way, I have better things to do right now. Like masturbate with icy hot."
by A Travesty to Men August 22, 2006
 
2.
satan in a bottle
thats about it
guy 1: bitch you got icy hot on ur balls ur fucked now!
guy 2: fuckin satan in a bottle man...
by the gibber November 27, 2006
 
3.
When a female sticks a cold popsickle in their vagina for a few minutes and procede to have sexual intercoarse right after the popsickle is removed.
She seems to really enjoy it when i give her an icy hot.
by Roc Da Rip, Dell March 10, 2009
 
4.
a soothing pain-relieving lotion that is refreshingly cool and "icy", yet also has an element of tantalizing burning, the "hot" part.
"Mothafuckas know Icy Hot Stuntaz got Icy-hot on our nuts." -Icy Hot Stuntaz ("What What")
by Nick D June 04, 2003
 
5.
v. when a chick puts ice in her mouth whilst performing oral copulation
That Japanese hooker gave the best ICY HOT, for a mere 12 dollars. Cold to stimulate and hot to get me off.
by George Fadok December 14, 2008
 
6.
n¹: soothing gel for sore muscles. leaves burning then cooling sensation.

n²: gel muscle soother, used for vengence on skanky lover. Applied to her vagina to give her an intense, unpleasant burning sensation
guy: hey you want to chill?

lover girl: yeah, sure.

*moments later*

guy proceeds to sneak some icyhot on the outside of the condom

girl screams

guy: that's right bitch.
by pat dat cat May 16, 2009
 
7.
The alternating hot and cold flashes that result from prolonged withdrawal from a drug and or alcohol addiction.
Oh my god, I was icyhot all morning while I was jonesing. I need to cut down.
by Vama October 11, 2009