The act of removing all body hair, closely resembling the skin of a dolphin. Close attention being paid to the groinal region. Beard, moustache and head hair can be left unshaved (or waxed) and still be considered dolphinized.
Joel came in to work today and said: "Hey everybody, I dolphinized over the weekend. Wanna see?! Now my carpets match the curtains... all hardwood floors!"