Top Definition
Graduation and christmas party combined together as one celebration. Termed by poor college students during their UHM Fall 2008 commencement ceremony.

"Hey brah where the party at after graduation?"

"Dude, there is none until the 25th."

"Oh how come?"

" To save money. my family is having a graduistmas party instead."

"Oh cool."

by xMas, Aloha state December 28, 2008

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