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Hypothetical Coat 

It's a more sophisticated way of saying "alcohol jacket." Saying that you're wearing an alcohol jacket makes you seem a little less classy. Not only is saying you're wearing a hypothetical coat more entertaining, it's also a little less obvious.
After a night of drinking:
Guy 1: "Man! It's so cold out here. I can't believe we're drunk and walking home in the snow!"
Guy 2: "I know!"
Guy 1: 'Hey, aren't you cold in just a t-shirt?"
Guy 2: "No way man! I'm wearing my hypothetical coat!"
Hypothetical Coat by Dragon Woman January 30, 2010

new coat 

What your roommate exclaims when she notices that you've neglected to remove the store tags from the sleeve of your new birthday present!
New coat?

Hey, I like your new coat!
new coat by tookypants February 9, 2010

shit coat 

It's the mess that happens when you have a lose bowel movement or diarrhea and the shit splashes back and covers the underside of your balls.
Jamie: Man, your girlfriend won't blow you anymore
Andy: I know. I got this nasty shit coat and she gags when she goes down on me.
shit coat by Koprky March 7, 2011

shit coat 

Caused by splash-back from diarrhea or loose bowel movements or inferior wiping by the male of the species.

Causes a coating of the underside of the balls with shit.
Tim: What's with Mike. Tina won't give him head anymore and he's cranky.

Bill: Well I heard he has a shit coat and she gags and pukes whenever she goes down on him from the smell of ass.
shit coat by PrinceGumby March 15, 2011

puffy coat 

The frothy mixture of semen and saliva that results from pushing someone's cheeks together after having received ejaculate in the mouth and not swallowing.
A puffy coat is somewhere between bumpercoats and cast iron
puffy coat by zenodotus November 14, 2012

snitch coat 

One or more people that cover up or protect a snitch.
Im not able to to give that snitch the stiches he deserves because of all the damn snitch coats around him protecting his lousy Looser ass
snitch coat by butt smoker May 25, 2014