An interjection often used after one of the five W's (who, what, where, when, why). A humourous statement, it stems from the Dr. Dre song of the same name.
Dre: Did whatsername get out to you yesterday?
Bitch: Who?
Dre: Deeez Nuuuts!
When you have to pee in a movie but don’t want to miss anything, and must do the following mental equation: will the amount I have to pee cause enough discomfort to diminish my attention capacity for the remainder of the movie to an extent which is greater than the amount of the movie I would miss by making a mad dash to the restroom.
I saw Satantango last night, wonderful film but by the 5th hour I had to start doing pee calculus.
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).