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dack elastic 

Meaning the elastic in a pair of pants (shorts, trackpants etc).
My dack elastic needs fixing. (elastic may become streched and loose over a period of time or over use).
dack elastic by NewSensation July 29, 2006
Related Words

Dack Wack 

a play on words between dack (to pull someone's pants down) and sack wack (to slap a guys balls) the process involves pulling a guys pants down and immediately hitting his balls making it difficult for him to pull his pants back up
I got given dack wack today so embarrassing

What the frick frack diddily dack patty wack snick snack crack pack slack mack quarterback crackerjack biofeedback backtrack thumbtack sidetrack tic-tac is this shit 

The ultimate expression of "What the fuck", this word is to be used only in the most extreme of situations. Brutal overuse of this term could lead to a tear in the fabric of the universe, causing reality to fall apart at an abstraction rate of 7.59 Cuils per second. Please be very careful with the word you have just read. The power of the cosmos rests in your hands.
John Watson: Holmes, I do believe this was not a murder, but in fact a suicide.
Sherlock Holmes: What the frick frack diddily dack patty wack snick snack crack pack slack mack quarterback crackerjack biofeedback backtrack thumbtack sidetrack tic-tac is this shit
Universe: *collapses*
Watson: dammit Holmes

rack em dack em 

The act of stealing someone's belongings before pulling down their pants, brutally shaming them.
Kieran: "Hey, you wanna go out for a session of rack em dack em?"

David: "Absolutely! I can't wait to shame people."

trakky dack 

it's a slang term for track suits in Austrailia. Honestly, I don't know why track suit isn't sufficient.
"Wow thats a nice trakky dack you have there!" "Fuck off Gerald its a track suit, you're in America now"
trakky dack by aeternumm August 29, 2013

Double Dack 

To pull down both the pants and underpants of a victim when dacking them, resulting in maximum embarrassment, or pride, depending on the victim.
He would never recover from the double dacking, but he was still certain it was Cindy seeing it happen that got him laid.
Double Dack by pr0nstar October 27, 2008