The stage of a youngmans moustache near the end of his adolescent years. When the hair above his upper lip looks more than just smeared dirt. The hair grows long and prickly. If you were blind folded and someone told you to run your finger across it and you had to guess what it was, it would be a caterpillar.
The BIG caterpillars with long spikey hairs you see on leaves, but instead above a young mans upper lip. There for called a lip caterpillar.
Conversation ex:
Gal- "What's that on your face?"
Guy- "Oh this? It's my lip caterpillar."
Gal- "May I pet it?"
Guy- "It might bite."
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.
"Base we've got some square groupers floating outside of Miami harbor."