A dastardly trap which is discovered by the intended victim, much too late to react in time.

or

Any situation where you are forced to make a spot decision
being the general who discovers a large group of imperial cruisers heading straight for his rebel fleet - "its a tarp!"

or

should i wear underwear today? - "a tarp!12"
by Sammage inc May 21, 2005
Get the tarp mug.
Taxpayer Assisted Recreation Plan. A program that allows incompetent executives of banks, insurance companies and investment firms to live in luxury on public funds while railing against the evils of "socialism".
Thanks to TARP, failed executives can have all the perks formerly enjoyed by successful ones. What a deal!
by WallStreetStrangler June 30, 2009
Get the TARP mug.
"tarp" is the short form of "tarpaulin", which is a waterproofed canvas
by gokukiller May 1, 2006
Get the tarp mug.
TARP (n), an acroynym originally known as the "Troubled Assets Relief Program" in which the US Treasury provided tax dollars to ailing financial institutions without any linked requirements or accountability. Tarp may also be used as a verb, to tarp, which implies an action or activity void of accountability.
I don't feel like working so I'm going to the beach and tarp all responsibility.
by RichM Davis January 11, 2009
Get the Tarp mug.
To kill yourself. Taken from the thought that doing it on a tarp makes it easier to clean up
Jose hates him life. I think he is going to tarp it.
by heathen at frightfan November 1, 2009
Get the Tarp it mug.
also known as a "trap" tarp came from misspelling the word trap.

little does the guy in the dark room know that the dick hes grabbing isnt his!
by p.nasty January 12, 2012
Get the tarp mug.
Synonym for Shirt, t-shirt, tank top or anything you wear on the upped half of your body.
-Yo bro! Where'd you get that sweet tarp?

-I bought it at the tarp store.
by matmo February 10, 2010
Get the Tarp mug.