Ok, Subway bread like some cold cuts
And I drop cold cuts, bitches go crazy

from Kendrick Lamar (Ft. Jay Rock) – I Do This Lyrics on Rap Genius

Meaning

Subway makes submarine sandwiches using deli-style cuts of meat. Luncheon meat is commonly referred to as “Cold Cuts” an older slang term. A cut is a slang term for a song. He also uses cold which is slang for “being of great quality”.

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