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Originated from 'relaxing', albeit bastardised; meaning to chill and go easy; as opposed to a state of urgency. Usually used when confronted with verbal attacks, to evade any work or when one simply feels like doing nothing.
e.g 1
knoddy "oh my gawd sup witha hair mun it's hideous!"

dicky "fuck you"

knoddy "woah woah laxing ya let's go for some beer"

e.g 2
jenny "hey knods have you done your calculus homework? it's like due tomorrow! oh when's our quiz is it thursday or next monday?"

knoddy "laxing. i don't intend to do it. zomg we have a quiz?"

e.g 3
knoddy " oraits i'm just gonna go bathe and laxing before meeting boobsy for dinner. ciao!"

eddy "use protection, man"
laxing by knoddy September 5, 2006
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To use a large amount of laxatives to shed mad pounds.
I'm going to the beach on Tuesday, so I'm laxing until next week, bro!
Laxing by Gross Tony February 29, 2008

Laxing out 

(v) The act of leaving the country and giving your friends little/no notice of your departure. The destination of these mysterious trips is often far away countries, such as Bangladesh, Uganda, and Israel. It is likely that there are other destinations that are unknown to anyone but the individual who is Laxing out.
Laxer: Yo guys, I'm leaving tomorrow... you might not see me for a while, or ever again.
Best friends: Shit man, where are you going?
Laxer: You know I can't tell you that... I'd have to kill you.
Best friends: Oh... So you're Laxing out?
Laxer: Yeah you wont see me for an undetermined period of time, or I might just randomly show up outside your house 40 lbs thinner and with a beard in three months, who knows.
Laxing out by Laxoutersannonymous December 17, 2012

Laxing beast

A guy or girl whos entire life revolves around lax aka Lacrosse. They have no life whatsoever, and everyone ends up disliking them because that is all they ever talk about. Lax Lacrosse Beast
Laxing beast by NewAgeInc. February 28, 2005

chill-laxing 

She came home after a hard work week, opened a bottle of wine, made shrimp scampi and began a chill-laxing weekend,
chill-laxing by Nicole Lewis October 18, 2007

Chill-laxing 

The art of shutting up and calming down when someone tells you to chill-lax
I was in a really bad mood earlier, but now im chill-laxing
Chill-laxing by Glides April 3, 2010

Pooch laxing

When you are relaxing with your pooch or pet
Pooch laxing on the couch with my pup after a long day.
Pooch laxing by Bross December 27, 2018