A competition when two people stick a bunch of fruit loops up their ass and then fart them out to see how far they can shoot the fruit loops

(noun) A successful type of theft which results in an acceptable, impressive and rewarding payday for the protagonist.

After a bad night of sex with your girl, make her a bowl of fruit loops. Instead of filling the whole bowl with milk, fill half of it with skeet. Then sit and watch her, while laughing.

When two dudes touch assholes.

verb. To fruit loop is to foot rape. Foot raping is simply the act of placing one's foot on someone else against their will, usually due to a fear of feet.