Ass cold is a term which describes the degree of coldness. If anythings described as "ass" then it's the most intense. Less intensive coldness can be described as "butt cold" , "dick cold" or just "cold" however, "ass cold" is the worst of them all.
I don't want to go anywhere today, it's ass cold outside.
a beautiful hoe with perfect curves and shit
maybeline: Last night was fun dough
Jay: man u know u a fine ass bih dont ya?
A gay marsupial (specifically a gay bandicoot)
After getting licked by Ripper Roo, Crash became an ass bandie.
IT MEANS DAT UR MUMMY HAS DA BIGGER ASS
STOP SEXING WITH UR MUMMYS BIG ASS
A bitch who is yet a having ass and yet a swamp donkey.
That girl Miranda, she’s a swamp donkey havin ass bitch