A Korean martial art with an emphasis on kicks. There are several miss-spellings including 'Tae Kwon Do', 'Taekwondo' or 'Taekwon-Do'.
Take= Means to collect
Ones= A person or individuals
Dough= Money
Person 1: "I know a guy that is a black belt in Take-Ones-Dough he also teaches it"
Person 2: "Well he must be good at it then"