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Kevin, Josh, Dave, Jack and Carlos's definitions

nickle slot

When a woman leans over when wearing tight, low cut pants without panties and you can see the subtle crack that is just big enough to insert a nickle.

The larger the slot the great the demonination, a smaller demonination if better.
Yo dude, I could put a nickle in that slot! She has an awesome nickle slot going on.
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