A combination of the words transexual and lesbian. A male to female transexual who is attracted to females. The term is often also used by hetrosexual male transvestites or crossdressers.
Paul had a sex change to become Paula but stayed with her girlfriend, Paula is a translesbian.
Greg is a hetro guy who likes to dress up like a chick and bang his girlfriendpretending he is a translesbian.
When an extremely obese person's thigh fat is so out of hand that it appears to engulf the knee, bypass the shin and calf and ends up stopping at the ankles. Combination of "thigh" and "ankles".
Brett: Hey, Did you see that woman standing in the buffet line?