A "reward" one gets for merely participating. Although usually given with good intentions, more often than not it will remind the owner that he failed, and that his best is not good enough.
"Congratulations, here's a participation award, for doing your best!"
"...because apparently my best isn't good enough to actually win something."
One pirate participant was disqualified from the marathon upon finishing on the account that he was too cheap to pay the registration fee for an official number.
Short-hand for the word floccinaucinihilipilification, meaning the estimation of something as valueless (encountered mainly as an example of one of the longest words in the English language).
Precedes or follows either a gratuitously disrespectful or honest remark, originated in New York City. Used in similar fashion to "no offense" or "to be honest," interchangeably.
Ya mans is wild buns, respectfully. Respectfully he's washed.
After school, The Modells on Jamaica Ave was active. Respectfully.