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A party ocurring on December 21st, 2012 which may consist of one these scenarios. Note: These are the most likely scenarios, not thee ONLY.

i. For those who actually beleive the world is going to end to rap tin foil around there heads, hide in a bomb shelter, and pray to the Mayan calender, while waiting for the end of the world. There celebration officially ends (or begins?) at 12am on December 22nd, 2012.

ii. For everybody else. GO APE SHIT! A day where we stock up on alcohol, max out our credit cards, no condoms/birth control while having sex, tell people what you really feel about them, quit your job, tip cars over, vandalize buildings, and burn your city to the ground. Party ends when you sober up in the morning and you realize what you have done. Note: The "End of the World Excuse" does not work the next morning.(Also See 'Detroit', 'End of the World Excuse', '2012 Baby', '2012 Hangover')
a. I can't wait till the 2012 Party! I'm going to spend tons of cash on beer.

b. Man, I'm still recovering from the 2012 Party.
by kbates55 May 09, 2009
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