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A combination of the words alcoholic with being a "ass" plus beverage.
A slang meaning: reckless behavior without thought. typically used as a put down that isn't offensive but descriptive of ones behavior.
" I'm such an Assholic Beverage Tim!, I cant believe i drove the car into a pool."

" Assholic beverage! we should have the night of our lives!"
by leeitall September 13, 2012