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Its $5 for a drug. It like a seacret code for buyers and drug dealers to say $5 to buy weed and other drugs.
Buyer yo how much is that bag of joint?
Drug dealer its a nickel.
nickel by Pookie boo May 13, 2005

nickelback

racist term for a person that crosses the border illegally from Canada into the USA.
"Dem got-dang nickelbacks took our jobs!!! Go back to Canada."
nickelback by madeup name September 14, 2005

double nickel 

To drive 55 miles per hour.
The speed limit through town is double nickel.
double nickel by SAgent October 15, 2005
Word of the Day on October 17, 2005

nickel wacker

a person that beats off on the streets for an audience for nickels
That nickel wacker is making a lot of money in this sick community.
nickel wacker by s pringle August 21, 2006

Nickel Note 

20's-30's slang referring to a U.S. five dollar bill. This term is sometimes confused with "Nickel Bag"
Trade you two nickel notes for a sawbuck?

You owe me a nickle note.