Top Definition
a beyond compare super tight speedo for swimming in Regional and state competitions. it is make out of paper therfore the name "paper suit." it is usually 5x smaller than the norman one and can barely contain it's conetents. after a day or two of use it becomes transparent and shows your "package" dude to the dye color has faded
while rummiging threw tom's old stuff his girlfriend found his paper suit and asked him what it was for.
by i hope i can remeber September 15, 2004

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