Top definition
Cockney rhyming sland for Scotch whisky
I'll have a gold watch and fisherman's daughter, mind the Vincent
by Ivor Thirst February 08, 2005
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2
euphemism for the imaginary round scorch mark burned on your pants after a particularly hot fart
"I believe, sir, that you may be wearing a gold watch in your pants"

or

'That's a proper gold watch, you gent!'
by baboonzarse January 02, 2007
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3
Origin London England: Bronchial discharge coughed up by a smoker usually on awakening.
He had been smoking 30 a day for over 20 years and as usually shortly after waking he coughed up a big shiny gold watch.
by Blue Cawdrey November 18, 2004
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