1. (noun) the state of
male ejaculatory
fluid after it has lost its thicker consistency and turned into a more viscous, runny fluid.
2. (exclamation) a term that can be used alternately to describe
something as being either good or bad, depending on context and intonation.
"We just stayed in
bed for so
long after doing the dirty deed that she had dick sauce running down her legs when she got up."
"DICK SAUCE! My Collector's Edition Boxed Set just arrived!" (or) "This
food is totally DICK SAUCE!"