A nut cut is when your hair is cut really low.

The phenomenon of having to come out as bisexual to the same person/people repeatedly because they assumed or hoped that your sexuality was a "phase." Refers less to the holiday and more to the 1993 Bill Murray comedy film in which the main character experiences the same day over and over.

when employee uses a job offer to extract a large compensation increase from his/her current employer

When you cut your hair in the shape a scrotum.

When you are mowing the lawn and you run over a rock and it shoots up and clips you in the testicles.

When you have a cut on your hand an you bust a nut and your nut gets in your cut.