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Definitions by Jarness79

yellow elephant 

Someone who lets their past failures and/or past pains prevent them from doing something for fear of getting hurt or other unpleasantness. An act of cowardice that is derived from past failures or shortcomings. Or anyone who has let failure prevent them from trying at least one more time

Combination of "An elephant never forgets." and "Yellow bellied coward."
James is acting like a yellow elephant for not asking that girl out just because he just got dumped.
yellow elephant by Jarness79 May 20, 2010