look up any word, like sparkle pony:
 
1.
acting in the way of a rascal, an action that is silly, funny, witty, or in some way amusing. A term used to describe a classic action of humor performed by a known Rascal. When responding to this humorous event it is appropriate to laugh in a jovial deep tone using the particular phrase "Ah ha ha ha ha, what Rascalation!"
Did you see what she just did, that was such Rascalation!
by Jordan Rivers July 13, 2010