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insultation period 

In a corporate setting, when making staff redundant, there is a legal requirement to pretend that the proposed staff cuts are merely being considered, and have not formally been decided on. There is a gap of several weeks “consultation period” between the announcement and the actual redundancies taking effect. During this period people who are about to be summarily executed get several weeks to be repeatedly asked how they “feel about the changes”. Since this “consultancy” is entirely fictitious, and is in fact a patronising artefact of gormless corporate stupidity , it is more accurately referred to as the “insultation period”.
Fuck me, I’ve just been made redundant after 10 years service! I just have to endure the insultation period for the next 2 weeks, but then I bring in the wheelbarrow to pick up my payout!_

Insultation

An alternative form to the noun of 'insult', mainly to be used when one feels creative and would like to come off as being more smart than they actually are. Taken after 'accumulation', 'confiscation', etc.
"This insultation definition lacks creativity, it's just an insultation of an insultation."
Insultation by the pie cows March 2, 2010

cavity wall insulation

To retain vital body heat by inserting your hands in your friends anal passage(s)
it was so cold in oslo we formed a massive ring around the fire and did some emergency cavity wall insulation
cavity wall insulation by Anonymous February 28, 2003

insulation hat 

When someone (usually a carpenter) gets in trouble, they have to wear a bundle of insulation on their head a period of time determined by the severity of the deed.
I told you to put these trusses 24" on center, not 23"! Put on the insulation hat and get in the sonor tube for 15 minutes, you insubordinate bastard!
insulation hat by avaraxus January 21, 2008

Isolation Insulation 

The friend you bring along to parties, if you're not sure that people you know will be there. This offers you protection against standing alone on the side like a potted plant or being ranted at by drunken tax attorneys.
Steve: You going to Wendy's on saturday, i don't really know anyone else whoose going.
Freida: Yeah, me neither, i'm bringing Tom as isolation insulation.

cum insulation 

Cum insolation: The result of swallowing way too much gizz, caused by you thinking that it would keep you warmer during the winter:. Used as an insult to someones weight or sexuality........Alaskan bitches!
Cum in-so-lay-shun
"Babe, i can't tonight. I have some cum insulation in my ass i think... you wanna try anal instead?"

"That ugly whore has so much cum insulation that her belly buttonis lower than her beltline!! She will seriously suck your dick for $15 bucks!!......(Rachel)
cum insulation by Demonicshroom August 7, 2006