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A metaphorical device, that protects one from life such as getting a girl pregnant, getting in an accident that leaves you disabled for the rest of your life. You wind up getting in debt so far up your ass you have to work till you die!

Tom recently dropped out of school. He said he would go back next semester, and thanks to his life condom, he actually returned to school and finished his degree.
by Zac Kinder February 03, 2007
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