The act of creasing any denomination of paper currency the long way; placing the bill between one's ass cheecks. This must be held for a period no less than 30 minutes prior to exchanging for goods or services.
While riding to purchase a jeep Cherokee, a 1 hour 45 minute drive away, my cousin informed me he had a surprise. Before arriving on our long car ride he pulls over counts his hundred dollar bills and says one is missing. Pulls one out of his ass and says my "Iraqi-ass-dollar!!! Let's ride!!!"
by Reyer December 24, 2012