by Laura Dunphy December 19, 2007

To not hedge your risk; a universal finance term oftenly used by traders to inform salespeople to absorb the risk and do nothing. Also a code word that signals it is time to panic.
"SPONGE IT!"
"Wait...what is he talking about? Is he calling me useless? I'm too afraid to ask...yup I'm screwed."
"Wait...what is he talking about? Is he calling me useless? I'm too afraid to ask...yup I'm screwed."
by Moyka July 17, 2017

When a female poops her pants and the excrement coats her entire genitalia to the point of complete obscurement
Barbara had a Buena Park Wet Sponge and it looked like someone slammed her crotch with a whole chocolate cake
Brandon was going to go down on me but I had a Buena Park Wet Sponge and he threw up his lunch
Brandon was going to go down on me but I had a Buena Park Wet Sponge and he threw up his lunch
by 23AdamHenry January 31, 2022

A person showing signs of sun normal human ability and intelligence ,especially with impaired walking.
by Soup Dragon November 20, 2017

by PedoPolice23 April 10, 2021

by Congressmen February 9, 2021
