olive loaf 

Bologna curtains with herpes.

Don't go near that chick, she has olive loaf

olive loaf by 1422 January 24, 2008

Olive Loaf 

Something that one think ones wants but that one ends up quietly regretting ever having considered in the first place.

This slang came from a couple of friends (who were roommates) of mine, one of whom decided during a trip to the supermarket that he just had to buy that enticing package of olive loaf from the meat department. The olive loaf sat in the fridge for weeks unopened before the other friend demanded that it be thrown out. At that point the name of the meat became synonymous with something that a person momentarily and mistakenly desires. It could be, for instance, used to describe a physically attractive but otherwise obnoxious or troubled person, as in "She's hot-looking but she's still olive loaf."

Olive Loaf by The I Shing December 11, 2003

Olive Loaf 

A football term to describe an offensive lineman who has all the right ingredients to be a stud, but is a terrible player.

At 6'8", 325lbs, Parker should be dominating at tackle, but he's a total olive loaf!

Olive Loaf by SteelCityMafia November 25, 2017

Olive Loaf Acne 

Origin Eastside Scandinavian

A physically unattractive disease that festers along the exterior of one’s skin most commonly found on back, pubic region, toes and face. The discolored skin tones resemble the olives and the red sores resemble the pimento core of the olive. It can be used in slang as “olive loaf”, not to be confused with the deli meat thus the appearance of the deli meat and ones irritated diseased skin will coincide. AKA: achne.

That dude has olive loaf acne all over his back he looks like a dirty martini!
Her olive loaf acne looked so bad even when she applied concealer to it, it ended up looking like uneven flesh puss pocket sandpaper resembling an rhinoceros hide.
See: achne

Olive Loaf Acne by Luncheonmeat1 January 25, 2010