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1.
Coagulated pussy juice.

Synonym of vagina booger
Damn, that chick had some nasty snatch cheddar!
by chadder1234 July 20, 2011
 
2.
Any currency that has been inside a vagina.
I spent the snatch cheddar I got from that stripper on a kit-kat.
by chadder1234 July 20, 2011