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1.
It's some big-educated word which just means 'already in', or 'the kahuna in power running e-{lr}-ection again'.

Pronounced "In-cum-Bent", because when you're "in",
you're "in"! The "cum" is for those who "bent", usually by electing you.

Channel 10 Reporter: In 2 words Ricky, what are your thoughts on the incumbent and the election?

Ricky: Fuck off!
by Dan the Rod Leroux May 22, 2007