1. A special case of dick queef, or dweef, caused by residue from an incomplete ejaculation getting stuck in the urethra, fermenting and building up pressure til it shoots out the end like a stanky ass ball of cottage cheese.
2. The only Christmas present I'm getting for my friend this year
Guy #1: Dude, your cottage dweef just hit me in the eye!
Guy #2: Sorry, I get a little excited while watching Deadpool.
Guy #1: ...I didn't say stop