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Often used to describe a possible situation when one would suffer a great amount of pain because a hasty decision was taken.

The origin of the word comes from the portmanteau of the words "dick" and "zip", describing a threat that all men suffer from - the risk of getting your dick caught in the zipper when closing it after urinating.
Example 1:
Mike: Bro, don't drive here too fast - if the cops catch us they will see that you are drunk and that would get us all dickzipped!

Example 2:
Pike: Stay polite when talking to your girlfriend's father. One wrong move and you will be dickzipped so fast.
by TalTheHotChick October 29, 2014
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