The ultimate bet in terms of personal confidence in an illegal Street race or the like. Two racers put their cars on the line by offering their registration slips as winnings. The winner of the resulting race wins the opponents car for good. This is exhibited in some of the Fast and Furious movies.
Friend 1 "hey man what's up?"
Friend 2 "I just won me a new car last night, racing for pink slips."
Friend 1 "Wow, you're brave, putting your car up like that.
Friend 1" well I wanted that car man.
Friend 2 "I just won me a new car last night, racing for pink slips."
Friend 1 "Wow, you're brave, putting your car up like that.
Friend 1" well I wanted that car man.
by ThatSmartKid June 22, 2014
by ncsmith2012 October 6, 2009
The ultimate test to see if you are a true racer. Each opponents put their cars on the line in a winner takes all match. If you win you get a free car as well as all the upgrades installed but if you lose, you lose your car. Very risky but the reward is a free car
Racer 1: i do pink slip racing only. are you up for it
Racer 2: your on
Racer 1: thanks for the free custom ford gt
Racer 2: your on
Racer 1: thanks for the free custom ford gt
by Thetruebadass July 30, 2014
A deeply-face-coloring on-da-job goof dat not only makes your cheeks burn, but could actually be grounds for your boss's giving you da sack.
Da notoriously-bungling fuchsia-colored cartoon-feline seems to always be able to "come back for more" no matter what dumb-a** debacle he clumsily gets himself into, and so presumably he would not be overly concerned about getting a pink slip; as likeable and famous as he is, he could probably soon get another job somewhere else. Besides, we all know dat said valentine-colored puma totally adores dat "soothing 'n romantic" hue, anyway, and so it would probably actually make him happy to receive a document of dat pretty pastel tint.
by QuacksO April 10, 2020
Guy 1: "How'd the date go last night?"
Guy 2: "Banging mate! Gave her the pink slip."
Guy 1: "Top bantz!"
Guy 2: "Banging mate! Gave her the pink slip."
Guy 1: "Top bantz!"
by banter5aurus February 14, 2016
When you stop dealing with your side piece all together no further contact at all and there is no way you will ever get back together!
by Zale1738 February 18, 2010
When you and your girlfriend challenge another couple to "Race for Pink Slips" - It is like a foursome, but instead you all have sex in one room, only with your partner: First guy to finish, wins, and he gets to take the other guys girlfriend as a reward.
Similar to racing for pinks in relation to cars
Similar to racing for pinks in relation to cars
by DJTeezz January 8, 2011