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racing for pink slips

The ultimate bet in terms of personal confidence in an illegal Street race or the like. Two racers put their cars on the line by offering their registration slips as winnings. The winner of the resulting race wins the opponents car for good. This is exhibited in some of the Fast and Furious movies.
Friend 1 "hey man what's up?"

Friend 2 "I just won me a new car last night, racing for pink slips."

Friend 1 "Wow, you're brave, putting your car up like that.

Friend 1" well I wanted that car man.
by ThatSmartKid June 22, 2014
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Pink slipped

Document utilized to obtain emergency
hospitalization for an individual who is 1)
mentally ill subject to hospitalization by court
order, and 2) represents a substantial risk of
physical harm to him/herself or others if
allowed to remain at liberty pending
examination.
by Albano December 22, 2013
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Pink Slips

by FQP June 20, 2012
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pink slipper

When your giving it to your girl in the ass and her parents walk in and she tightens right up and pulls away. Results in q pink slipper around your dick.
"She pulled away and left her pink slipper hanging on my johnson."
by Anonymous October 17, 2003
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pink slipped

When you get fired from your job.
I was pink slipped again!
by zookeeper January 22, 2005
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pink slippys

a fat person's cleavage
by pinkslippys August 15, 2011
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pink slipper

A fraternity hazing where a new pledge must eat out a girl after she has been gangbanged by all the other guys.
Toby enjoyed his pink slipper and was accepted into the fraternity.
by Finger Puppet September 14, 2008
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