When an excited dog closes their mouth too soon when trying to catch a ball, causing the ball to bounce away off their nose
John- How's Sammy with the ball these days? Is she able to catch it?
Dave- Nah, gets so excited that when I throw the ball at her, she premature catchulates all over the place... She has a real bad case of premature catchulation.
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.