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1.
The act of being sick at college (actually sick, not hangover sick), and spending all of your sick time on the futon, because you can't stay in bed any longer, but you're too sick to go any father than the couch.
"Kendell is really sick, her away message said she was on the futon... oh man, shes futoning!"

"Yeah, I was futoning all last week!"
by thats for you gallo - nsimz March 25, 2004