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Definitions by PDX Bag Hunter

Moldy Poncho

Inserting a used/filled condom into the bottom of a girl's purse. If everything goes right, she won't discover it for a few days, hence the "Moldy Poncho'.
My girl was being a trick ass trick so I hooked her up with a moldy poncho.
Moldy Poncho by PDX Bag Hunter March 25, 2010