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1) A fairly sweet, crunchy cereal 2) To pay for someone's lunch, but make them pay for your dinner, which will likely cost a good deal more. A pretty sleazy way to save money and screw someone. Comes from Master P's "Hoody Hoo", from the line "You da captain, I'm da crunch, you got the dinner, I got lunch." 3) To screw someone out of anything by being extremely cheap.
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