1) Something that is a whole lot better than "fantastic" or even *gasp* "great".
2) A word you can use to sound really, really intelligent, when really it's not intelligent. But you can always confuse the Halleys of the world with it. :D
1) Those Chinchillas are metazmagorical, yo!
2) You: "OMG, I don't likebecky, she's too metazmagorical at times."
Halleys of the world: "OMG, you are so smarttttt with those big words! You are, like, a genius...like Bill Clinton ersomething!"
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.
"Base we've got some square groupers floating outside of Miami harbor."