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2 definitions by chatshit

 
1.
A local night spot or bar that serves cheap drinks til the early hours that seems to attract and produce a steady flow of drunken sluts throughout the night.
Dave: Alright mate, you heading out to Liquid Envy tonight?

Steve: No way, that place is a filthy Slag Factory.
by chatshit June 11, 2010
 
2.
an exclamation that describes a beneficial coincidence.
Mike: I'm starting to get hungry

Nick: Yeah, I know what you mean, whens the pizza due to arrive?

<doorbell rings, pizza man arrives imminently>

Mike: Knoshwhack!
by chatshit June 09, 2010