Pinks
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Street term used to describe [the deed] of a vehicle. After a [street race], loser hands out the pinks of his car to the winner. With the pinks, the winner is the outright owner of that car and can sell it for parts or [add it] to his stable.
Pinks meaning & definition 1 of Pinks.
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of a pale red colour:
Pinks meaning & definition 2 of Pinks.