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when somebody takes it up the ass from certain sponsor for payment for travel and/or training services. The "maude" for general cases would be the one expecting payment for goods and/or services. the "revenge" would be the act done that would be equal to monetary payment.
danny and....sponsor use "old maude's revenge" to settle payment

"old maude's revenge" is used as payment
old maude's revenge
by chedder t January 12, 2009
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