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In Puerto Rico, it is pronounced with silent D's, and is expression describing a person who is running into a bit of bad luck. Literally, it means, "salty cod fish."
"Te sigues encontrando trabajos que no pagan bien. Tu eres un bacalao salao."
"You keep finding low-paying jobs, you're one salty-ass cod fish."
by Otoniel January 08, 2005
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