The term 'BALD PATCH COVERER' can be summarized as a job description for someone who covers bald patches with a RUG, which is a three-letter word. This job could involve covering bald patches on the head with a RUG or other type of fabric, such as a toupee or wig. It could also involve covering bald patches on the floor with a RUG or other type of fabric. This job requires a person to have an eye for detail and the ability to match colors and textures.