A type of firework (squib) that has become wet (damp). Basically, a dissapointment.
Well that was a real damp squib!, I'm going to go home now and cry! MUUAAHHHH!!!
1:I went to the shop yesterday, and they were out of milk.
2.Aw that’s a bit of a damp squib.
When you place one hand in your partner's rectal cavity and the pretend to be an octopus.
Susan: For the love of God — damp squib me.
Chester: I’ve noticed you’re using damp squib as a verb phrase, and it’s making me uncomfortable. Also, I really don’t like anal play.