Commonly during intoxication, a physical condition of the female eyes that makes them appear cock-eyed and/or dis-oriented - usually polar in either direction. Similar condition also appears during vigorous doggystyle intercourse, while the female is nearing climax. Other acceptable applications of the term can be made in regards to ejaculation upon the face of a female.
Scenario: You see a close friend approaching you in haste at a bar. He says, "Brooke's gone bumble skeet and it's only 10:30pm! IT'S NICEEEEEEEEBorat Accent"