Top Definition
What underage individuals have when there is no access to alcoholic beverages due to adult presence. Especially at employee Christmas parties.
{Matt walks in to room with a beer in hand and notices two young boys drinking Coca-Cola}
Matt: What are you guys having a little Pepsi Party over here??

{All other adults laugh hysterically}
{Young boys hang heads in shame}
by Jamal Rakens July 26, 2012
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