Very cool, the most cool, and extremely cool. The word is a hybrid of the English adjective 'cool' and the Italian suffix '-issimo' for 'extremely, most, very'. It is pronounced 'cool-I-see-moh'.
A: Ey yo, Weezee, you dig my pants? Snotty said they was wack.
B: Snotty don't know shit, aight. They're coolissimo!
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.
"Base we've got some square groupers floating outside of Miami harbor."