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ultimo baller 

A baller to the ultimate level; a total sav.
'Hey did you see that guy Mateusz talking to that chick? Man that guy is an ultimo baller'
ultimo baller by Mateusz S. March 26, 2010

Ultimo-Gaywad 

A smelly inuit who enjoys the company of gay transexual pygmies.
Look a ulitimo gaywad
Ultimo-Gaywad by Uzbad January 14, 2005

Ultimo Negro 

A beverage in the outline of a shot concocted at a fine upstanding establishment. This superior cocktail includes the beloved key ingredients that African Americans find to be appealing.....

1 oz Courvoisier
1 oz Hennessey
1 oz Remy Martin
1 oz Christian Brothers

You mix all of these together and strain into a fine crystal glass........
Excuse me sir JMac, would you care to indulge into the faultless taste of one Ultimo Negro ????

ultimo cheeser

One who is given to extreme cheesiness.
I cant believe he was serious about wearing his scout master uni to the party, he is an ultimo cheeser.

ultimo dragon 

The act of one male grabbing another male's penis and shaking vigorously while yelling ULTIMOOOOOO DRAGONNNNN!!!!!!
Dude Jim just totally Rick Flared me, he bagtagged me last week, I'll totally have to ultimo dragon him sometime.
ultimo dragon by Lickity Stiff January 29, 2009

Ultimo-Gaywad 

A gay psyshic jewish nazi eskimo porn star midget with a pegleg made of hardened kangaroo turds.
Oh look... here comes the Ultimo-Gaywad
Ultimo-Gaywad by HippySlayer October 23, 2004