Catracho is a name for a male that has family from Honduras, OR born in Honduras. Just as a Catracha (with "a" at the end) is a female born in Honduras or with family from Honduras. For example, how Mexican Americans have their name which is Chicano, Hondurans have Catracho/Catracha.
Other things can be Catracho or Catracha. In a big type of Honduran music, punta music, people will say "Punta Catracha!!!" meaning Punta music from Honduras.
person A: Hey what is that guy over there with a blue white and blue flag with five stars in the middle?
Person B: that guy is a proud Catracho.
or...
Person A: Did you notice that All White T's Made from Kirkland are made in Honduras?
Person B: *Checks his T* Wow your right! I guess i got a Catracho T. Or Camisa Catracha.
When you have to pee in a movie but don’t want to miss anything, and must do the following mental equation: will the amount I have to pee cause enough discomfort to diminish my attention capacity for the remainder of the movie to an extent which is greater than the amount of the movie I would miss by making a mad dash to the restroom.
I saw Satantango last night, wonderful film but by the 5th hour I had to start doing pee calculus.
Short-hand for the word floccinaucinihilipilification, meaning the estimation of something as valueless (encountered mainly as an example of one of the longest words in the English language).