Portmanteau of the words 'craic
' and 'action
'. Not to be confused with the word 'craction
Craiction can be used to describe activities or events associated with having a good time. Such good times may include consumption of alcoholic beverages, dancing to music, having sexual intercourse, or any number of other debaucherous ongoings.
John: Dude, some craiction is much-needed tonight.
Bob: Yep, I'm feeling that.
John: So what's the plan?
Bob: Start in the Goose, head to the Bull and hook up with some others, then get into Schpunk at the Wedge for about midnight?