When you try to hold in a fart, but it slips and rolls into your taint before exploding.
I tried to hold in that fart, but it ended up as a taint bomb.
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When you're so enraged by your significant other that you decide to jump-dive into the air with your legs hoisted back behind your ears like a Tyson chicken, leading with your now-weaponized taint, impacting the upper region/face of your opposition with maximum force. Traditionally, one may threaten the taint bomb on several occasions until such a time that it is deployed.
Shut your mouth or I'm going to come at you with a flying taint bomb.