This term is generally known as the Spanish word used to describe a ham, cheese and tomato sandwich made in a bread roll. However a Bocadillo, or set of Bocadillo's is also commonly used along the Eastern Australian coastline by young people in the 'twenty-something' demographic to describe beautiful bouncing breasts. Despite the large number of existing slang terms used to describe breasts, when used this new term creates a simultaneous feeling of both jest and confusion, not unlike an episode of almost any American sitcom.
Usage examples:
'She had a great set of Bocadillos'
'Nice Bocadillos'
Shouted to the tune of any Gypsy Kings track - 'Bocadillooooooo!'
'...then BAM, she showed me her bocadillos'
Short-hand for the word floccinaucinihilipilification, meaning the estimation of something as valueless (encountered mainly as an example of one of the longest words in the English language).
Precedes or follows either a gratuitously disrespectful or honest remark, originated in New York City. Used in similar fashion to "no offense" or "to be honest," interchangeably.
Ya mans is wild buns, respectfully. Respectfully he's washed.
After school, The Modells on Jamaica Ave was active. Respectfully.