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1.
Drinking alcoholic beverages you already purchased and are sitting in your fridge instead of going out to spend more money or if you're tight on funds.
James: Yo man, let's head out to the club and take advantage of some twofers!

Ron: I got a better idea... let's head back to my place and chill with some freefers
by PublicNME1 January 07, 2011