What is All That Jelly And No Toast?

1.

when you see a girl who has potential and is attractive but isnt giving it to any guy

Look at that girl standing over there...all that jelly and no toast..

See jelly, toast, all, that, no

2.

when you think a girl is hot but a little fat, i.e. a larger girl with a lot of potential.

"Damn that plump chick over there is kinda cute" "Yeah, all that Jelly and no toast."

See fattie, plump, good looking, hot, cute
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