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Bang that shit for the one time! 

Originated in Milwaukee, Wi. The term means to dance for once in front of a large group of people. Banging is a type of dance, you'd have to live in Milwaukee to know what it is.
-Everyone's dancing-
Friend 1: Ayee D you should go "bang that shit for the one time!"
Friend 2: Iight bro.
-D starts to "bang that shit" lmfao.-
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ooooohhhhhh gotcha... good one 

Something crazy girls say after you explain a joke to them.
Normal person: Why did the chicken cross the road?
Crazy Girl: I don't know, you're such a spazz
Normal Person: To get to the other side...
Crazy Girl: ooooohhhhhh gotcha... good one

the old one two 

Fingering a girl in her vagina starting off with one finger, preferrably the middle finger, and then leading it to using two fingers, typically the middle and index fingers.
Damn dude, I snuck in that fine ladies room last night, and it went down. We started just hangin' but it let to the old one two. Now she's beggin' me to hang.
the old one two by Robert Saggot February 1, 2006

Cold One 

Cold One® Branded Ice Compression Wraps to stop pain and stop swelling from soft tissue injuries such as sprains, strains, pulled tendons or ligaments.

Cold One® Wraps are the branded trade name of the manufacturer Two Cool Inc.

Coldone.com
Cold One by TwoCoolInc June 9, 2009

Have a good one 

to masturbate.

"Have a good one" being an alias for "Have a good wank", or more precisely "Go f*** yourself".

It seems that some people who are store clerks are embittered by the fact that they are store clerks and seek solace in this ambiguous flippancy.
VIP: Nice suit you are wearing eh?
Clerk: Thank you sir
VIP: Could you call me a cab?
Clerk: yes sir
VIP: good bye and have a nice day
Clerk: have a good one sir
Have a good one by whateverTheHeck January 24, 2011

cold one 

A slightly alcoholic drink found in glass bottles that can be measured by it's "coldness properties"
Oh man, now that's a nice cold one!
cold one by M_Kitsune June 21, 2003
A term referring to the person inside the Matrix who can do anything they so choose with it. The phenomenon known as "The One" is caused because the program for the Matrix that is in use is based on an imperfect world, and thus the program is imperfect. The program creates an anomaly, and that is The One.
Neo, you ARE the One...
the one by SpinSpyder June 20, 2003