A catchall phrase used in the presense of easily offended persons to describe someone without using an expletive, or a word to describe someone whose name you don't want to mention. Usually used to describe persons of color.
Priest: Bless you my son.
Brian: I watched the news last night and hoochiedink was talking about reforms again.
Priest:??
Brian: Obama.
Priest: Oh. Hmmmmm.
JimJim: I have to work with hoochiedink again.
Donnie: That's a shame. He doesn't do anything.
JimJim: Lucky me.
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).