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1.
adjective. Palkotacular- a word commonly used to describe something cool or in style. Often used in conversations in between fellow teenagers.
Jim- "Hey Justin, I just got a new lime green Mustang GT."
Justin-"Is it Palkotacular?"
Jim- "You bet your sweet ass."
by Jpalko June 30, 2009
 
2.
Common Acronym For Cool

Usually used to describe something retarded or dumb
Justin: I got into a fight and lost

Bob. That shits palkotacular

Justin hell yeah i got my ass beat
by Justinpalko12 July 01, 2009