Similar to turd cutter, loaf pincher is used to reference any type of ass worth mentioning, good or bad, preferably good. Occasionally abbreviated as just "LP".
"Damn Ben, did you see Nicole's loaf pincher in those jeans today? Sick!"

"Yo, my wife is in the next room, but check out the LP on that one!" - Kyle
by cmikes March 21, 2007
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