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Definitions by El Polo Loco

bucket of chum 

A bucket of rotten fish that smells pretty bad and looks pretty nasty. This is usually used to tell how little something means to someone, or how bad something is.
"(name), you don't amount to a bucket of chum."

or

"Dude, the test we took today made me feel like a bucket of chum."
bucket of chum by El Polo Loco April 26, 2007