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Green Day-licious

Green Day-licious. Something to do with Green Day that are so utterly 'delicious' or cool that they need their own name.
Stacey: "Billie Joe is so hot!"
Bec: "No, Billie Joe is so Green Day-licious!"
Stacey: "Yeah, that's great..." *walks off*
by The Angel September 25, 2005
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Lilith

Referring to the character made popular by Bebe Neuwirth on the television shows "Cheers" and "Frasier"; A woman who is very cold in attitude and spirit.
Why did it get so cold suddenly in the room? Oh, "Lilith" must have walked in.
by BillyDoll901 April 6, 2007
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likit

A lick that you put into a plastic toy like a boredom breaker or tounge twister to keep horses entertained.
Today I bought a Likit tounge twister for my horses to try and stop her getting bored and biting the wood in her stable.
by Rachiesmif January 18, 2007
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(US BUSINESS LAW) a type of business organization which is a cross between a partnership and a corporation. In a private partnership, all of the partners own all the assets in common and have unlimited liability; in a corporation, the firm assets are owned by a legal "person," and shareholders are liable only for the value of their stake (equity) in the firm.

Partnerships have higher risk for members, but their management can disclose a lot less and the taxes are lower. Limited/limited liability partnerships represent a compromise.

In a limited partnership, one or more of the partners has unlimited liability ("general partners") and the others have liability limited to their equity stake in the firm ("limited partners"). A limited partnership is indicated by the initials "LP" after the name, e.g. Apollo Management, LP.

In a limited liability partnership, all members have limited liability; specifically, the other partners of the LLP are shielded from torts for malpractice against the other partners, BUT they are legally responsible for financial claims against the whole organization. LLP liability varies somewhat by state law (several US states do not permit LLP's at all), and somewhat by the terms of the LLP agreement for that particular partnership.

Apologies to Urban Dictionary for an error in the definition of private equity fund and hedge fund: both types of fund are almost never LLP's; they are often limited partnerships (LP's).
The limited liability partnership is a popular form of business organization for lawyers and other professionals.
by Abu Yahya September 2, 2010
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knowles limit

a scientific phenomenon, often observed in restaurants, but can occur anywhere food is available. It is described as the point in time where the conversation or level of interest has fallen low enough that participants begin to mix random foods together. Often, the Knowles Limit is used as an indication that the party is dead and it is time to move on.
When a person mixes their meatloaf with a glass of milk, they have reached the Knowles Limit
by featherydragon May 15, 2009
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licktorious

The act of bringing a girl to climax through oral stimulation to the clitoris.
Steve went down on LeAnne until he was licktorious and she about pinched his head off with her thighs. He wasn't sure if it was just the cunnilingus or the the combination of that and the battery clamps on her nipples.
by chipky August 26, 2013
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lickity lit

When you catch food on fire in the microwave
" damn son I was cooking me some waffles and I got me a lickity lit
by satan'sgod April 22, 2016
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