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'Ratch' from ratchet and 'eon' from 'luncheon meat'
'luncheon meat' is a sandwich filler meat made out of all the bits of animal that could be used else where' . . Basically implies that the person is ratchet and everything they have is everything no body wanted!
'He/she is so ratcheon!'
by BAMAS February 20, 2015
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