A phrase used by a person who is masturbating to a magazine when someone knocks on the door. Popularized by Master Shake in an episode of Aqua Teen Hunger Force.
*knock*

"Don't come in, I'm wrapping presents!"
by sanfud n sun April 17, 2006
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"Don't come in, mom, I'm wrapping presents!" Drew moaned, tears streaming down his face.
by We are going to hell November 8, 2005
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Meaning they didn't put a condom on.
*In bed*
Guy: I didn't wrap my present, sorry babe.
Girl: You Bastard!
by simplydreaming8 September 18, 2008
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