Guy: Are you and Emma dating?
Other guy: Naw man, we're in a hookupship.
GuyL: Sweet dude, keepin' it single! Now you can totally hook up with Penelope at that party on Saturday!
Other guy: NO DUDE, didn't you get what I said, we're in a hookupSHIP
(this conversation is completely fictional..since there's only been one succesful hookuship and it's not laura and this guy.)