A profound and controversial characterization of the female genitalia, where "Ditch" represents the angular, contoured bordering meat of the labia, and "Squid" depicts the amorphous, unidentifiable, moistened nonsense in between. Sometimes used as the final closing/mic drop term in adolescent "funny names for genitalia" competitions.
Dude, she pulled up her skirt and it totally looked like a frickin "Squid in a Ditch!"
Noun
Plural noun: squidi
an elongated, fast-swimming cephalopod mollusk with ten arms (technically, eight arms and two long tentacles), typically able to change color.
Verb
fish using squid as bait.
an utterly random phrase usally said by a clown to scare people (you have to say it fast for it to make sense)
Chris: Ahhh! that clown just said squidillybop!
Jesse: Silly Chris clowns dont say squidillybop...
Clown: SQUIDILLYBOP!
Chris and Jesse: NOOOOOOOOOOOO!