A bag, usually that of the freezer variety, that is filled with rejected cigarettes from a production line which is then sold illegally by labourers for a much cheaper price.
Joe: Hey Bud, where'd you get them bag smokes?
Bud: From that indian guy who buys tickets from the corner store.
When you have to pee in a movie but don’t want to miss anything, and must do the following mental equation: will the amount I have to pee cause enough discomfort to diminish my attention capacity for the remainder of the movie to an extent which is greater than the amount of the movie I would miss by making a mad dash to the restroom.
I saw Satantango last night, wonderful film but by the 5th hour I had to start doing pee calculus.
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).