Snatch Thatch
A woman's vagina hair.
Carly: Should I shave my pubes?
Sheila: I love me some snatch thatch
Sheila: I love me some snatch thatch
Thatch Snatch
A vagina that is comparable to Margaret Thatcher's. Not the alive and well Margaret Thatcher Snatch, the dead and rotting Margaret Thatcher snatch. Hence the term, Thatch Snatch.
Becky smells like you got a little Thatch Snatch going on down there.