An extremely addicting application on Facebook in which one creates a creepy looking, colorful virtual "pet" to play with. Games include wandering around an empty house, "visiting" friends' pets to get money, jumping the freaking jump rope, and running races. Ultimately, the goal is to gain "coins" and "pet points" so that you can buy your pet cool stuff (clothes/furniture/etc.) and raise your status to beat your friends' pets!
Oh my god, I hate my friend Lucie for telling me about Pet Society. I'm so addicted now; I have this weird looking emo panda thing to take care of and I'm engaged in fierce competition to maintain my standing against my other friends. This is such a waste of time.