White Elephant

A party where people (usually family, friends, or a combo of the two) get together and have a game where you unwrap, steal, and trade off presents never actually useful in real life. I mean, my family W.E. party got me a laser tape measure!
"What's up! How did the White Elephant party go?"
"I got a laser thingy!"
"Ooh! That sucks."
"Are you kidding?! That thing is awesome! You push the button and a little red dot comes out!"
"..."
by Drumline December 26, 2005
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White Elephant

A valuable item or act that requires expencive upkeep. Often the upkeep is not worth it.
by Halfofone June 28, 2005
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White Elephant

A sexual act in which a male lines cocaine on the staff of his erect penis for his female counterpart to consume. The female then proceeds to perform oral sex and upon ejaculation, the male pulls each of the female's ears away from her head and thrusts into the back of the throat, causing her to look like dumbo and make the sound of an elephant.
Last night sure was fun when I white elephanted your mom.
by Schnappattack December 15, 2013
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White Elephant

Gesture created by turning out one's pants pockets, releasing the zipper and then exposing one's flaccid chode in an entertaining fashion, so as to resemble an elephant's trunk.
"Oh my God Tom, not the White Elephant again, nobody wants to see it, put that thing away."
by Fatboy May 14, 2003
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White Elephant

The one girl a guy will always have a thing for, and will always do anything for. The girl a guy will never forget, even if there was nothing between them. The girl who is more, to the extent where, a guy will never be with this girl and is aware of the reality and so, realizes it will never be.
Steve- Why do you keep calling her?
Tom- I can't help it, she's my white elephant.
Steve- It's never gonna happen.
Tom- Yeah, I know, but not for lack of trying.
by little_lost_one June 23, 2012
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White Elephant

1. A Republican.
2. The shitty economy Republicans always give to incoming Democratic presidents.
Neotard: Obama is incompetent because he didn't fix the economy overnight. Baba booey baba booey baba booey.

Intelligent person: Relax moron. It took eight years to get this way. It'll get better. Bush gifted a white elephant just like his daddy did before him.
by theconcernedcitizen July 31, 2009
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White Elephant

A crazy masturbation act where you squeeze your testicles until they turn blue and smack your penis until you come.
by QWERTY357 December 26, 2008
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