That certain place where all the most important things in your room disappear to as soon as they touch your floor, and then later reappear at places like Burger King and/or the trunk of your car. They can be found under beds, computer desks, and most often in closets.
Kate: "Hey, I lost my favorite CD the other day in the floortex under my computer desk."
Tom: "Oh? That's terrible"
Kate: "It's ok. I found the CD this morning in the school bathroom."
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.