Noun
slang that replaces words with rhyming words or expressions and then typically omits the rhyming component
Source: WordNetCockney rhyming slang Source: Internet
On the TV show The League in episode "The Guest Bong", http://www.imdb.com/title/tt2119261/ Andre repeatedly uses Cockney rhyming slang and explains the pattern. Source: Internet
'Harry Monk', often shortened just to 'Harry', is rhyming slang for "spunk" (a British slang term for semen) and 'boat race', or just 'boat', is rhyming slang for 'face'. Source: Internet
Heart of Midlothian are known as the "Jambos", which comes from "Jam Tarts" which is the rhyming slang for "Hearts" which is the common abbreviation of the Club's name. Source: Internet
Hibernian are also referred to as "The Cabbage" which comes from Cabbage and Ribs being the rhyming slang for Hibs. Source: Internet
However, in parts of Australia it can mean excellent or very good (rhyming slang for "grouse"). citation Examples of the former two of the three usages include the following. Source: Internet