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When you're taking a shit and you are on the last foot of toiletpaper and you have to break it up into individual peices and split those peices in half. Toiletpaper rationing usually works best on 3-ply toiletpaper with little puppies on them, 2-ply with flowers is also acceptable.
John: Dude, what took you so long?

Mike: Sorry bro, I was taking a dump in the school toilets and the janitor forgot to change the TP, so I was Toiletpaper rationing the fuck out of the left over TPaper.

John: Fuck....... Too much detail.
by Dr SmoothCheeez December 15, 2013
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