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1) An erection resembling an "eel escaping" that results from getting aroused while wearing basketball shorts or other light lower-body clothing.

2) Extremely embarrassing, especially if near females.
#1: Oh man dude, gross. Jerry has an Escaping Eel.

#2: Yeah, those chicks are pretty hot. No wonder.

#1: JERRY! JUST RUN, MAN!
by Socia1 S1ayer September 14, 2009
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