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Definitions by huckball

Universal Commercial Time 

The time at which no matter what channel you turn to, there will be a commercial running.
Bill: " The commercials on this channel are longer than the program. Turn it to something else."

Steve (after turning it to several other channels, all with commercials): " It must be Universal Commercial Time.

three for being alive 

The minimum amount of armies received at the beginning of ones turn in the board game RISK.
Steve - " So how many armies do you get Jim?"
Jim - "twelve for my book, two for Australia, and three for being alive."