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Definitions by kolapop

squeaky bum time 

Old Glaswegian saying for "On the verge of shiting yourself", commonly said in the closing stages of a football match when their is a one goal difference between teams, and the other team is going hell for leather in an attempt to score a goal.
It was squeaky bum time for Man Utd earlier, as Chelsea scored to bring the score to 2-1 with 5 minutes injury time remaining.
squeaky bum time by kolapop May 30, 2011