Theory that states in cases where a woman has small breasts, this is compensated for by her having a nice ass. This theory does not necessarily work in reverse.
"Ah, her tits are too small!"
"Yeah, but check out her ass."
"Hmm. Theory of compensation, eh."
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.