lame duck president 

Used to describe a President during the period of time between losing an election (or being term limited) and the actual swearing in of the new President.

George W. Bush will be a lame duck President after the 2008 election.

lame duck president by EricD July 7, 2005

lame duck president 

A President that already served his/her first term.

It usually means that the President can focus on different things now since they know they have nothing to lose (usually).

"George W. Bush is a lame duck president now!"

lame duck president by Tzeentch February 15, 2005

lame-duck resident

A late second term occupant of the White House that has caused nothing but chaos and consternation with his incompetency and abuse of power, and arrogantly ducks blame for the dire consequences of his corruption, much like water flowing off a duck's back.

"How much longer til this lame-duck resident is out of office?"

lame-duck resident by bogotabro August 5, 2007