Breasts, normally possessed by an old woman, that hang to anywhere below the waist, therefore the contraction of "breast" and "testicle" is formed.
Jim: "My gramma has breasticles."
Dave: "I know."
Jim: "When did you meet my /grandmother/?"
Dave: "..."
Dave: "I know."
Jim: "When did you meet my /grandmother/?"
Dave: "..."
by Coffee Table October 25, 2005