A fork of Rural Dictionary
Any form of absurdly tight underwear that extends above the belly button, usually worn by, some middle age woman, and is particularly famous amongst older generations.
Jessica- " Sometimes i feel so old."
Sean- "You think your old now, wait until your my Grandmas age. Your taste in underwear will go from thongs, to Gaunchies."
verb - pulling anothers underpants in an upward fashion from the front of the underclothing - the result can be and often is a squishing of the penis or testes in a painful manner. Similar to a Wedgie except the pulling occurs from the front of the individual.
I've walked with a limp ever since that gaunchie pull in grade 7.