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grab for the gold ring 

To take a chance and reach for some goal or desire.

While kids rode on a Merry Go Round, those on the outside had a chance to reach for a gold (or brass) ring hanging outside the carrousel. If he or she managed to grab it, (s)he recieved some prize - often a free ride.
Stan grabbed for the gold ring, but fell flat on his face. "grab for the gold ring"
grab for the gold ring by LWM June 11, 2006
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Chilly ring 

When one does not wipe very well leaving a ring of shit around their anus
Dude when we did anal she had a chilly ring
Chilly ring by lv.100 unknown June 22, 2014
Related Words

Burnt Onion Ring 

The result of not using a baby wipe after taking a dump.
I hate it when I run out of baby wipes. I end up with a burnt onion ring!
Burnt Onion Ring by bentrod December 4, 2010

Apple Ring 

Apple Ring (Noun:)

When a man performs anal sex with such vigor that the area around a woman's anus becomes red and irritated.
"Dude, I fucked your mom so hard she got an Apple Ring!"
Apple Ring by /-\ /-\ October 12, 2008

Condom Ring

the appearance of a ring (same dimensions of a condom) on the outside of one's wallet caused by a condom being in the wallet for an extensive period of time (i.e. months to years)
Bob: Dude what is that on the outside of your wallet bro?
Dan: Shut up man, you know that is a condom ring...
Bob: It has really been that long since you last got laid?

Dan: Don't act like you've never had a condom ring!
Bob: Nah that ain't me....
Condom Ring by Spinman75 December 4, 2009

australian ring toss 

When a woman becomes airborne during sex.
I respectfully gave my girlfriend an Australian ring toss while on a trampoline last night, when she came down, I missed and stubbed my penis on her ass cheek.

Brown Ring of Death

An unfortunate occurence that is the result of
A) Spilling soda in the cupholder of your car
B) Neglecting to clean said soda for an extended period of time, causing it to condense into a brown, syrupy substance
C) Forgetting that crud is in there, so whenever you put a new drink in there and then rest it on your thigh as you are drinking, a disgusting brown ring is left on your trousers.

Unrelated to the similarly named Xbox 360 phenomenon, Red Ring of Death.
Joe: Hey man what happened to your trousers? That is some janky shit.
Craig: Gave myself the ol' Brown ring of death, mate. I need to stop being a lazy ass and clean my cupholder.
Brown Ring of Death by ballsdeep6969 November 16, 2010