Taken from the popular product REYNOLDS WRAP. This is a slang term which means finsihed,done or over with. For example: "it's a wrap*". Though instead of wrap* the word reynolds in inserted instead.
After drinking 10 Long Island Iced Teas in less than 2 hours it was a reynolds for myself and I fell out right there...
by Che' M July 19, 2004
Get the its a reynoldsmug.