Word referring to the rumored concept that GM was planning to build with Toyota years ago. Seeing the quality of the two companies, people referred to a half-TOYota, half-chevroLET concept to be a Toylet.
That Toylet's only good for one thing...
Toying with the idea of an ideally miniature toilet.
I was only a wee bit constipated when defacating decafeinated using the toylet.