A derogatory term for alimony that was coined by radio shock jock Tom Leykis, who has defined vaginamoney as "paying for a vagina that you no longer have use of." Ex-wives who demand vaginamoney, according to Prof. Leykis, are prostitutes who expect ongoing monitary compensation for sexual favors provided in the past.
Professor Leykis told the male caller, "If a golddigging bitch divorces you after ten years of marriage in California, you'll be paying the bitch vaginamoney for the rest of your goddamn life."
Vaginaphone is a random word created to use in place of a swear word to randomly yell out when you are in a public place and need to blow off some steam... or if you just need to yell, holla, or say something around other people when you cannot find any other word that fits.
It is a positive word to use, rather than swearing.
Omg Did you see those two chicks wrestling in cake mix? total vaginaphone for the win!!!
Oh no! I stubbed my toe! ouch, I am such a vaginaphone!