What is The Cat's Pajamas?
1.
50's slang for something that is cool beyond imagine.
The new elvis record is the cat's pajamas
See
2.
(adjective) term used to describe a person or object in a postive manner. similar to "
"that girl over there is totally showing off the goods; she thinks she's the cat's pajamas."
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1.
1. The amount of money one has to work with when buying alcohol.
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