noun. A unit of measurement roughly equivalent to a metric pantsload. Also, in certain dialects and solar systems, this may be fightin' words.
Real citation: "...there's no reason to suppose that he hasn't returned and fallen in love with the bright colours and warm people this time around? Even if he hasn't, and is only returning for a trouserwad of cash, we can't deny him his right to do so. We may not like Gary Kirsten, and Gary Kirsten may not like us."
(Nov. 29, 2007, Treason, Stratagems, and Spoils, http://angrynun.blogspot.com/2007/11/gary-baboo.html)
Made-up citation: "After asking her students to solve all word problems in terms of trouserwads and milfometers, the young teacher was arrested."