Top Definition
A non-religious celebration of day-drinking coinciding with the Christian holiday taking place on the Friday preceding Easter Sunday. Reserved for those who get Good Friday off from work, primarily in the financial and brokerage sectors (see "bank holiday"), but are usually joined by their less inebriated counterparts from the retail and service industries at the normal happy hour time. This work holiday allows revelers the opportunity to get good and ugly early in the day. Unlike other bank holidays, it ALWAYS falls on a Friday thus affording a very early start to the weekend.
Dude, I just checked my calendar. I have the Friday before Easter off. You want to make it Good and Ugly Friday?"

This year I am spending Good and Ugly Friday at the Brewers Opening Day Game.
by Ragan Oddly February 26, 2009

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