1. When the weight of being so pimp or having so much swag causes you to physically limp. Signs of a pimpalimp are sagging of the pants and seemingly having no bones in the limbs.
The pimpalimp is usually used by posers but occasionally by the megadouche. If you see someone pimpalimpin please consult a physician.
2. Often meant to mean "cool" because there weren't enough words to say that already.
1.
Guy 1: Check out that swaggot over there!
Guy 2: Holy shit! He's pimpalimpin! We should get him to a doctor.
2.
Swaggot: Wow! Iz so trick ass pimpalimpin dat we gots da paper!
"Palmpalin" noun: A group of words written on the palm of the non-dominant hand to be used surreptitiously during an important speech, especially w hen a particularly crucial and potentially damaging word (such as "budget" in the context of a speech by an ambitious politician) has been crossed out.
"Palmpalining" verb: The act of creating a palmpalin
The words used by Sarah Palin, former Governor of Alaska, on the palm of her left hand during a speech given to the Teaparty association, which were apparently to be used as prompts; the word "budget" had been crossed out.
As in: "During her speech to the Teaparty convention, Sarah Palin glanced at a palmpalin which, during one of her gestures, became visible to the TV cameras and audience."