1. an expression implying that knowing to much about an activity, situation or person tends to discourage one from involving himself with it, often related to sexual encounters
After Elliott told Devin that Kittyboot's friend from Philly had roast beef curtains, Devin replied, "Buddy, thanks for warning me... loose lips shrink dicks."
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.