Used when ecstatic as exclamation. Can also be used when there is nothing else to say, see meep. As a noun, it refers to a light, harmless tease.
"I got an A+ on this test!!!! SPUGUNK!!!!"
"I'm bored."
Pause
"Spugunk"
Person 1: (teases gently)
Person 2: Don't you spugunk me!
"I'm bored."
Pause
"Spugunk"
Person 1: (teases gently)
Person 2: Don't you spugunk me!
by meepmew9191 January 18, 2012