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Definitions by JoeyMo

Waterproof Towel 

Used to state how useless something is.

Very cleverly used in sarcastic sentences.
Joey: Dude, I got more soap!
Ben: It looks pretty filthy...
Joey: So...?
Ben: So its about as useful as a waterproof towel
Waterproof Towel by JoeyMo December 9, 2008