Standing for Fucking Rediculous Eating Device, the FRED is very handy in situations when you need a can opener, spoon and a bottle opener. Found in the ration pack of the Australian army and probaly other armies or groups too.
Hey can u chuck us that FRED so i can open this gaddam can of peaches!
First Round Early Departure.. This word is used in tennis. Usually one would play singles and doubles in a tournament, but if u loose first round, some pull out of the doubles and go home.
I was getting ready for my doubles match when I found out my partner had lost in singles and had pulled a F.R.E.D