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Smokers Jacket 

(1) A loose-fitting jacket for men, often of a heavy fabric and trimmed with braid, worn indoors, esp. as a lounging jacket.

(2) A man's evening jacket, often made of a fine fabric, elaborately trimmed, and usually worn at home.
Hugh Hefner wears a Smokers Jacket. Several hip-hop artists (like Nas) mention wearing this type of jacket in their songs.

http://www.hillesodesigns.com/htdocs/deluxesmoking.htm
Smokers Jacket by Chiefkyle January 5, 2009
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Throwing the Jacket Off 

With a jacket covering up your cock, masturbating so no one can see you do it.

Or with a jacket covering it up, having your girlfriend give you a hand job
Throwing the jacket off - Jordan needed to bust a nut, but there were too many people in the room so he covered himself up and threw the jacket off.

Rita wanting to please her man in public so she laid a jacket across his lap and threw his jacket off.

Payback jacket 

1. A long-sleeved garment used to pay back one's debts as a substitute for currency.
Brad: Hey did Johnny ever give you that 30 dollars he owes you?

Max: Not really, he gave me a payback jacket.
Payback jacket by Mberry87 July 18, 2010

fuzzy jacket 

A girl who is "the one" and means a lot to you.
Dayum, that girl warms my heart like a fuzzy jacket!
fuzzy jacket by warm July 6, 2012

Ass Jacket 

Get your ass jacket on, and let's go.
Ass Jacket by Leaneagh January 1, 2015

blue jacket 

Awarded to a man who has had anal sex with a female partner. Derived from British greyhound racing terminology, where the dog wearing the blue jacket traditionally starts in trap two. See also brown wings.
"I wore the blue jacket last night..."

Winter Jacket 

Placing ones testicles in the vagina as well as the penis.
I winter jacket-ed sophie last night.
Winter Jacket by alaskanjoe April 12, 2014