Literal expression means to tear someone a new butt-hole, figuratively means to verbally or physical abuse or criticize someone thoroughly so that they feel destroyed.
I made a joke about her butt looking big, and she ripped me a new one.
literally rip someone a newasshole.
in use can be verbal abuse or a threat to actual physical harm or in some circles could be quite literal
see prison pussy
you betterstoplookin at my girfriend before i have to tear you a new one
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.