A phrase said (usually yelled) when the 5-0 roll up in a compromising situation.
We were getting down at the farm party, then all of a sudden he yelled "oh shit it's the cops" and the crew bailed before we were all cuffed and booked!
Dan: heyy lets go tear up the school's field!
Nick: uhm, no I'll pass
Dan: aww come on man!
Nick: naw, last time I did something like that, I got booked by the cops!
When you have to pee in a movie but don’t want to miss anything, and must do the following mental equation: will the amount I have to pee cause enough discomfort to diminish my attention capacity for the remainder of the movie to an extent which is greater than the amount of the movie I would miss by making a mad dash to the restroom.
I saw Satantango last night, wonderful film but by the 5th hour I had to start doing pee calculus.
Short-hand for the word floccinaucinihilipilification, meaning the estimation of something as valueless (encountered mainly as an example of one of the longest words in the English language).