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1.
When your girlfriend doesn't let go of your penis after you've ejaculated after a handjob.

Named in honor of mixed martial artist Rousimar Palhares, known for not immediately releasing a submission hold when after his opponent had tapped out.
Dude, that girl totally Palharesed me last night! I came but she didn't let go!
af BigScreech 13. oktober 2013