Having a sexual experience with someone that is everything except for intercourse itself (hand, oral, etc) Replaces the overly used phrase "everything but sex"
Man 1: Hey man, what did you and that girl all do last night??
Man 2: We did everything but sex
Man 1: Ohhh so you Gank'd her?!?
Man 2: Damn Straight
*High Five occurs while they cheer splendidly*