Spare change solely swinging in your pocket, occationally bumping into or caressing your penis head. Normally a nickel due to its relative size and weight.
OR
A phrase used to describe the feeling of having no intention on giving someone money.
"Hey, i got this booger."
"And..?"
"Well how much do you think it's worth?"
"Psh...i'll give you a dick-nickel for it."
"Sold!"
you know when you reach down a guys pants and the worstthing that could possibly happen happens??? Nickledick
So i met this guy the other day... Soooooo hot. He asked me to edit his lit paper so I went up to his room, his roomie was gone so we got a little cozy, reached down his pants and... NICKLEDICK. Worst case of Nickledick I have ever experienced. Needless to say I wont be seeing him anymore.
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.