When a man is about to finish making love to a womans ear, and realizes that he may have earwax on the edge of his penis. This thought causes him to pull out impulsively and unload man juice all over his girlfriend's face. Naturally still disgusted by the earwax left on his penis, he then proceeds to wipe the brown sticky material above the load he just blew, creating what appears similar to a black man wearing a white trench coat.
Ford: I totally freaked out when I saw the earwax on my dick man.
Sam: What did you do?
Ford: I had to give him a Seattle Salsbury Trenchcoat dude.
Sam: Him?
Ford:...
Sam: What did you do?
Ford: I had to give him a Seattle Salsbury Trenchcoat dude.
Sam: Him?
Ford:...
by Arissa Rodriguez-Lopez May 1, 2008
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Related Words
trunch
• Trunchbull
• truncheon
• Trunched
• trunching
• Trunch-Master
• Trunchbull Effect
• Trunchbunch
• Truncheon massage
• Truncher
Used to describe a long, hardened length of feces that has all the necessary attributes of a certain type of law enforcement device.
'Good lord!, What a particularily savage looking poo truncheon my anus has decided to manifest in this here toilet bowl.'
by muckguppy November 18, 2007
Get the Poo Truncheon mug.(FINANCE) patent pending a financial derivative that splits the value of underlying asset in various proportions, each of which has a specific seniority level (less senior cannot be executed before the senior one). It allows the owner to claim either fixed monetary value or variable value share of underlying asset, depending on the specific Tranched Value Security's seniority.
A Tranched Value Security (TVS) allows one to get a risk and return exposure to the specific level of underlying asset price risk, as opposed to previously existent derivatives that allowed to do so with the entire asset price only. Within such design of financial security, owner of TVS is able to reap significant profits by taking limited risk.
One could issue a Senior and Junior Tranched Value Securities, each having a variable value share of 50%, and fixed value share of $40, backed by (say) one Bitcoin when it's price was $100. If consequentially the Bitcoin price declines to $80, the Senior TVS would remain at $50 (0% return), while the Junior TVS would become $30 (-40% return). With subsequent price correction to $110 per one Bitcoin, both TVSs would have a claim of 50% of market price ($55), making the return of Senior TVS +10%, and return for Junior TVS +83%.
A Tranched Value Security (TVS) allows one to get a risk and return exposure to the specific level of underlying asset price risk, as opposed to previously existent derivatives that allowed to do so with the entire asset price only. Within such design of financial security, owner of TVS is able to reap significant profits by taking limited risk.
One could issue a Senior and Junior Tranched Value Securities, each having a variable value share of 50%, and fixed value share of $40, backed by (say) one Bitcoin when it's price was $100. If consequentially the Bitcoin price declines to $80, the Senior TVS would remain at $50 (0% return), while the Junior TVS would become $30 (-40% return). With subsequent price correction to $110 per one Bitcoin, both TVSs would have a claim of 50% of market price ($55), making the return of Senior TVS +10%, and return for Junior TVS +83%.
Buying a Senior Tranched Value Security is a way to get a long position in the underlying asset's potential returns, with significantly limited downside potential.
Buying a Junior TVS is a way to get substantial return potential, surpassing that of leveraged positions, while having no chance of being liquidated.
Selling a Tranched Value Security (TVS) is a way to get rid of the desired either upper (exposing oneself to greater returns) or lower part (exposing oneself to less volatile returns) of price risk of underlying asset.
Buying a Junior TVS is a way to get substantial return potential, surpassing that of leveraged positions, while having no chance of being liquidated.
Selling a Tranched Value Security (TVS) is a way to get rid of the desired either upper (exposing oneself to greater returns) or lower part (exposing oneself to less volatile returns) of price risk of underlying asset.
by Derivatives Powerhouse January 21, 2021
Get the Tranched Value Security (TVS) mug.A boss , hood female that grew up in the trenches . Grew up with all brothers . A young single mom doing her shit ! Dope Vibe Classy & Ratchet . Young Trendsetter
by Bo$$Bitch November 25, 2021
Get the TrenchBaby Bre mug.by big baby jesus i can't wait March 5, 2009
Get the Cock Trench mug.A motherfucking sack of shit which is lucky to be a reporter at 666 news, got his duck burned off by Katie Killjoy, a fucking virgin, died during WWI of poisonous gas. Other definition is also, a crime ridden Canadian goose known for its crimes.
Hey punk, you're so much like Tom Trench!
Wow, thanks!
You don't get it, don't you?
Wait, *searches in urban dictionary*. Fuck you....
Wow, thanks!
You don't get it, don't you?
Wait, *searches in urban dictionary*. Fuck you....
by A nerd stick November 24, 2019
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